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Dogecoin DOGE/USD is holding around 26 cents, with traders charting a path for the meme coin depending on the upcoming interest rate decision by the Federal Reserve.
What Happened: In an update on Patreon, prominent analyst Kevin said that DOGE has once again tested the top of its rising channel and golden pocket.
This marks the third test this year. DOGE remains within the golden pocket, with key daily support at $0.2616, aligning with the 0.618 Fib level.
He expects sideways action until Wednesday’s FOMC announcement, where a rate cut and Chair Powell’s policy guidance are expected to shape Q4 sentiment.
On the 4-hour chart, DOGE shows immediate support at $0.2616, $0.2586, and $0.2546,…
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