DOGE: Bullish Pennant Holds on Monthly Chart | Flash News Detail | Blockchain.News
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5/18/2026 7:49:00 AM

DOGE: Bullish Pennant Holds on Monthly Chart

DOGE: Bullish Pennant Holds on Monthly Chart

DOGE holds bullish pennant on monthly timeframe at $0.1 as 4h RSI hits oversold 29.22 near lower Bollinger support.

Source

Analysis

DOGE maintains its bullish pennant structure on the monthly chart according to trader @TATrader_Alan, urging investors to zoom out amid short-term noise for clearer higher-timeframe direction.

Price action at $0.1 tests lower Bollinger Band support while the 4h RSI at 29.22 flashes oversold and MACD registers a death cross below zero; this setup creates confluence where a bounce from the EMA200 at $0.1 could target the EMA50 resistance at $0.11 before any continuation higher, aligning with the larger monthly pennant breakout thesis for refined DOGE price prediction models.


Trader Tardigrade

@TATrader_Alan

Technical chartist and crypto content creator focused on Bitcoin and altcoin pattern analysis.