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Dogecoin holds key support at $0.096 with buy signal pointing to $0.110 target

Technical Signals
02 Jun 2026
Coinpaper
View Source
Bullish
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Dogecoin has bounced off a critical long-term support level at the 0.618 Fibonacci fan on the monthly chart, maintaining its position above $0.096. This support line has held for two consecutive monthly closes, suggesting buyers are defending this level and keeping a recovery setup alive. On the daily chart, a TD Sequential buy signal has appeared, indicating a potential short-term reversal with a target near $0.110 if Dogecoin can surpass resistance levels around $0.101 and $0.104. However, a drop below $0.096 would weaken this bullish outlook and could lead to further declines. Investors should watch if Dogecoin can maintain support and build momentum toward the $0.110 resistance zone.

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