NewsBTC •
May 7, 2026 at 15:20 •
Analysis
Dogecoin’s rebound from recent lows has carried the memecoin into a dense resistance area, with crypto analyst Kevin of Kev Capital TA warning that the move remains a “counter trend rally” unless Bitcoin confirms a broader market reversal. In a May 6 market update, Kevin said Dogecoin’s recovery has so far played out in line with his prior view that the asset was likely to see a rebound from deeply oversold levels. He noted that he entered a DOGE position around $0.09 and that the trade was up roughly 26.6% at the time of recording. But he framed the rally as tactical rather than decisive, repeatedly stressing that altcoin charts should not be analyzed in isolation while Bitcoin dominance remains elevated. “Always remember when you’re analyzing an altcoin, the first ...
