The Fate of Dogecoin Depends on This Price, Analysts Agree

Dogecoin is probing the most controversial price level of 2025, and two respected analysts—Cantonese Cat (@cantonmeow) and ANBESSA (@Anbessa100)—have reached a rare point where their short term roadmap and higher timeframe align almost perfectly. Dogecoin Just Reached the Success or Failure Zone The daily chart of Cantonese Cat, released at the end of June 2, highlights a turquoise support band extending from $0.1850 to $0.1950. This band has reversed roles multiple times since February: first easing price action at the end of February, then limiting the recovery in March and April. After a four-day decline last week, three consecutive candlesticks have closed inside the rectangle while the wicks of the daily candles pierced through its bottom—forming what analysts refer to as a "trident bottom."

As Cantonese Cat said: "This is not the bottom of the dip; but the bottom of the triangle to test demand. Now let's see if $DOGE branches all from here." A daily close above the peak will reveal the breakout gap from early May at $0.1950–0.2150; a decisive slide below $0.1850 will bring the April low near $0.13 back into the competition. Parabolic Curve Continues to Predict All-Time Highs The one-day diagram of ANBESSA—also includes June 2—places the same price action in the context of fifteen months. The chart starts with a spot entry in September 2024 at approximately $0.09 and is followed by a explosive bull run that makes Dogecoin rise 413%, a move annotated as 0.3892 on the chart.

Next is a three-wave pullback that has broken 73% of that increase, followed by a counter-trend recovery of 70.22% to $0.2597. From ANBESSA's perspective, the current sell-off is a textbook correction to the Fibonacci retracement level of 0.382 of the entire move at $0.1412, intersecting with both the upward parabolic guiding curve and the 99-day moving average (red). "Still completely in sync with my prediction... a clean 80% bounce, followed by a textbook return to the 0.5 fib level and Daily MA 99 ( retesting the parabolic ), exactly as predicted. In a bull market, the dips are created for buying," the analyst wrote, adding a reminder to maintain "HTF risk management below POC." The volume bar charts on the right of the ANBESSA chart highlight why both traders are very interested in the area around twenty cents: the control point (POC) is just above $0.20, forming the deepest historical trading interest level since 2024. On that axis, the next Fibonacci magnet is the 0.618 level at $0.2686, immediately followed by the upward trend line near $0.28. Notably, this area is dense with resistance levels as another downward trend line drawn from the highs in December-January is located around $0.29-$0.30. A successful breakout of this area will project to a large volume threshold at $0.3498 and further to the 0.786 retracement level at $0.4245. In contrast, a failure at the current confluence point will expose the 0.382 retracement level at $0.1412, with the intermediate control zone marked on ANBESSA's chart at $0.1625. At the moment, the momentum is at a neutral level: the Triple-MA bands (7, 21, 99 ngày) on the chart of ANBESSA have narrowed, and the daily RSI (không thị) oscillate in the mid-40s. In other words, price alone will solve the debate.

The microstructure "trident" of the Cantonese Cat and the macrostructure "throw-back" of ANBESSA both place the battlefield within the same cent range. Whether Dogecoin can actually print a lower adjustment will be revealed by what traders do—and equally important, where the next daily candle closes—in the corridor of $0.1850–$0.1950.