0.236 Fibonacci support holding is a signal to take off, can DOGE this wave lift the entire market? Keep an eye on the 2.09% resistance zone.

CryptoWorld News reports that XBIT DEX posted that Dogecoin is testing the 0.236 Fibonacci support level, with its dominance remaining near the long-term trend line. Analysts say that if this support can be defended and a rebound is confirmed, DOGE could outperform the market, but it must first hold the 0.236 support. According to the two-week chart that Maelius shared on X, DOGE dominance is close to the 0.62% range. If it rebounds from this support zone, it may kick off a broader move across the wider cryptocurrency market; the chart also marks a resistance level of about 2.09%.