Dogecoin: 3-Day Chart Forms Ascending Channel Bottom

Trader Tardigrade states that Dogecoin formed a bottom in an ascending channel with five counts I to V on the 3-day chart, repeating the exact sequence seen in late 2024 ahead of a surge. On the 4-hour timeframe price holds at $0.09 where both EMA50 and EMA200 converge as support inside a bearish structure, RSI at 39.65 sits neutral, and MACD registers a bullish golden cross while price remains inside the Bollinger Bands with upper resistance at $0.09 and lower support at $0.08, indicating consolidation around these levels before any directional move.