According to Trader Tardigrade, Dogecoin's RSI has entered oversold territory on the 4-hour chart, indicating a potential reversal zone for $DOGE. The analysis highlights that similar price action patterns have historically preceded upward moves, and the recent swing low may have been established, suggesting an area of interest for traders seeking oversold bounce opportunities. This technical setup is especially relevant for short-term cryptocurrency traders monitoring momentum indicators for entry points (Source: Trader Tardigrade, Twitter, May 31, 2025).

According to Trader Tardigrade, Dogecoin has experienced a trend reversal from a downtrend to an uptrend on the H4 chart, with a significant breakout of a trendline. This indicates potential uptrend continuation for $DOGE. The Relative Strength Index (RSI) had previously dipped below the 50 level during the recent downtrend but is now approaching 50 again, suggesting possible upward momentum. Crossing above the 50 level could signal further bullish activity.