"Buy the Dip? Crypto Analyst Kevin (@Kev_Capital_TA) Suggests Dogecoin's Current Market Structure Signals 'the Last Opportunity'"

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Crypto analyst Kevin (@Kev_Capital_TA) suggests that Dogecoin’s current market structure signals “the last opportunity” for investors to acquire the meme coin at relatively low prices. Kevin’s analysis, shared with members of his Telegram group, converges several technical indicators.

He notes that Dogecoin is testing the macro 0.5 Fibonacci retracement level, which is typically used by analysts to identify support or resistance zones based on prior price swings. In the case of Dogecoin’s weekly chart, this Fib level is around $0.158, having been tested several times before.

Dogecoin is also testing the lower boundary of a multi‐year descending trend line, which began at the 2021 peak and has been acting as resistance. A break above this trend line, visible around $0.47–$0.48, could be pivotal for setting the stage for further recovery.

Moreover, the 200‐week Simple Moving Average (SMA) and Exponential Moving Average (EMA), often regarded as markers of long‐term market health, are situated in the approximate $0.13–$0.17 corridor. The overlap between these critical moving averages and the Fib levels underscores what Kevin sees as a strong risk‐to‐reward setup for long‐term positioning.

Finally, he observes that the 3‐Day Relative Strength Index (RSI) has reached territory he considers “historically low,” hinting at a possible oversold condition. Typically, oversold or overbought conditions are used by traders to gauge how far an asset has moved in one direction and may suggest a potential reversal.

“If BTC holds up and Macro Economic Data and Monetary policy adjust then you just got your last opportunity to buy Dogecoin relatively cheap. A lot of factors at play and lots of work to do But the risk reward at this level is superb given the circumstances,” Kevin said.

He suggests that despite strong employment numbers and moderating inflation (supported by Truflation data and falling energy costs), the market is “wiping out trillions of dollars of wealth everyday on pure speculation of what imaginary Tariffs are gonna do that they knew were coming.”

“Employment numbers are phenomenal, growth is still strong, inflation is coming down rapidly per Truflation data and energy costs falling are the reason, the Fed is about to start easing again, wars are getting ready to end soon,” he adds.

Kevin believes that the Federal Reserve may soon pivot to more accommodative policies and that ongoing geopolitical tensions may be waning. In his words, the current sell‐off “makes zero sense” and appears to be a “controlled attack on the markets by the powers that be” to sway public sentiment.

“I think it’s pretty obvious that there is a controlled attack on the markets by the powers that be to try and derail this administration and turn the retail crowd against them because this whole sell off makes zero sense. A lot of people are gonna look real stupid when it all settles out and the truth is revealed,” Kevin concludes.