According to Trader Tardigrade, a new bull pennant pattern has formed on the Dogecoin (DOGE) four-hour chart, with a technical breakout target set at $0.37. This chart pattern is recognized by traders as a bullish continuation signal, suggesting increased upward momentum if DOGE breaks above the pennant resistance. Such technical formations often attract short-term and swing traders seeking momentum-based entries. The $0.37 target provides a concrete price level for risk management and potential profit-taking, making it highly relevant for active cryptocurrency traders (source: Trader Tardigrade on Twitter, May 12, 2025).