Where Most See Resistance, Smart Money Sees Opportunity

DOGE is currently hovering around the 0.382–0.5 Fibonacci retracement zone after a reactive bounce from 0.618 (0.16784) — a critical discount level. Most traders panic at these levels, but experienced participants know this is the zone where price builds intention.

Here's the breakdown of the structure:
Price tapped into the 0.618 Fibonacci level (0.16784) and began showing signs of recovery — a typical Smart Money accumulation zone.

The next target is 0.17042, aligning with the 0.236 retracement level, followed by 0.17151, where previous supply might get mitigated.

Potential retracements are possible, but as long as price holds above 0.16670 (0.786), the bullish structure remains intact.

Execution strategy:
Entry (Accumulation Zone): Between 0.16784 and 0.16864

Invalidation: Break below 0.16600 would weaken the bullish case

Upside targets:
• TP1 → 0.17042
• TP2 → 0.17151
• Extension possibility beyond 0.17204

This move appears to be a classic premium-delivery setup — a structural reset, not a collapse. Smart Money steps in quietly when retail panic takes over. If you're trading DOGE like a pro, focus on levels, not emotions.

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