DOGE: Bullish Pennant Reclaimed After False Break

DOGE reclaimed its monthly bullish pennant after a brief false break below the structure, confirming the continuation pattern remains valid according to trader @TATrader_Alan.

The false break acted as a liquidity grab that shook out weak hands before price returned inside the pennant, a setup that often precedes stronger breakouts in DOGE price prediction scenarios over the past year.

On the 4h chart DOGE trades at $0.1 inside the Bollinger Bands with upper resistance at $0.11 and lower support at $0.08, while the EMA50 at $0.09 and EMA200 at $0.08 serve as concrete long-term supports; the neutral RSI at 63.1 combined with the MACD golden cross at 0.0 points to healthy continuation toward the upper band once any brief retracement to the 50-EMA completes.