Dogecoin falls or hits bottom, four-year high rebound is expected The current price of Dogecoin (DOGE) has fallen below the 0.618 Fibonacci support level of 0.178 US dollars, and has dropped to 0.786 Fibonacci support level of 0.158 US dollars. If it continues to fall, it may test the key support level of 0.13 US dollars since 2024, which has been the starting point for multiple rebounds in 2024 and has driven the price up more than 200%. If the support of 0.13 US dollars is effective, DOGE may rebound by more than 250%, break through 0.48 US dollars and reach a four-year high. Some institutions predict a target of 1 US dollar or even 2.9 US dollars. From a risk perspective, a drop below $0.13 could trigger a new downward trend, and regulatory policies and Musk's remarks could also trigger volatility. The regional wars in the Middle East also have unstable factors involved. Operation suggestion: Short term: Take a light long position at $0.158-0.178, stop loss at $0.15, target at $0.21-0.26. Medium to long term: $0.13 can be strategically positioned, with a target holding above $0.48 and a moving stop loss to control risk. DOGE