Dogecoin Between Key Support and Channel Resistance, Analysts Predict Potential Prices

• Ali notes $0.24 as key reclaim level, warning of further decline toward $0.19 if resistance holds firm.
• Trader Tardigrade tracks a rising channel, noting repeated rebounds from $0.185 to $0.200 along lower boundary.
• Both analysts identify $0.230 to $0.260 as decision range dividing recovery setup from extended downside pressure.

Dogecoin price has tightened between conflicting technical structures. Analyst Ali identified $0.24 as the key reclaim level after a recent rejection. He warned that failure to hold above that level could lead to a slide toward $0.19, citing a visible supply block between $0.214 and $0.208. The assessment indicated weakening momentum following September’s fast ascent, with bears now pressuring repeated attempts to recover lost ground.

Downside Levels and Failed Reclaim

According to Ali, resistance at $0.24 has capped upside attempts, while stronger opposition is between $0.29 and $0.3. He mapped a potential continuation route in which price oscillates before drifting lower toward $0.2140. 

However, further weakness could extend the move to $0.2020, with $0.1910 acting as the final near term safety. Notably, this zone aligns with previous accumulation, making it a decisive region for buyers. The analyst emphasized that only a decisive move back above $0.24 would disrupt the prevailing pressure.

Long Term Outlook

A separate assessment from Trader Tardigrade presented an alternate interpretation. He noted an ascending channel guiding price since March, with reactions consistently occurring along its boundaries. 

Recent rebounds have taken place between $0.185 and $0.2, supporting the channel’s lower support. Resistance has repeatedly formed at $0.300 to $0.310. 

Potential Price Scenarios 

Despite different conclusions, both analysts identified the $0.230 to $0.260 sector as the current key level. Ali framed it as a staging zone before further decline, while Tardigrade viewed it as a resting phase within a larger upward price stretch. 

Tardigrade predicted an eventual return toward $0.290 to $0.310 after a possible retest of $0.230. However, Ali’s path suggested the same region could act as a top rather than a launchpad.