Dogecoin price is testing the Golden Pocket Fibonacci zone in confluence with VWAP, the point of control, and daily support. This critical region could spark a reversal toward the swing high.
Summary
- Golden Pocket confluence with VWAP, POC, and daily support
- Correction viewed as a potential higher low in bullish structure
- Bullish volume required to confirm rotation toward swing high
Dogecoin’s (Doge) price action has pulled back into one of its most technically significant zones. The current area combines the Golden Pocket Fibonacci retracement, VWAP, the point of control (POC), and daily support. This high-confluence region provides a strong base for potential accumulation before a rotation back to the swing high.
21Shares’ Dogecoin ETF, ticker TDOG, was also recently listed on the NSCC by DTCC, adding a fundamental tailwind that could reinforce buyer confidence at these levels. While the market remains in a corrective phase, the structure is intact, and buyers may view this level as a prime opportunity to defend the trend.
Dogecoin price key technical points:
- Support Zone: Golden Pocket Fibonacci confluence with VWAP, POC, and daily support.
- Market Structure: Current move is corrective, forming a higher low within a bullish framework.
- Volume Dynamics: Bullish nodes must align with price action to validate upside momentum.
Dogecoin’s pullback into the Golden Pocket has brought price into a rare technical confluence zone. The overlap of Fibonacci retracement, VWAP, and the POC underscores the importance of this level. Historically, such zones often serve as strong turning points, particularly when combined with daily structural suppo
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Author: Aziz Zamani
