Dogecoin: Breaks Triangle Consolidation on Hourly

Dogecoin has broken out of a recent triangle consolidation on the hourly chart after an overshoot to the downside, according to @TATrader_Alan.

Price sits at $0.09 with EMA50 and EMA200 both aligned at that level, marking firm long-term support in the prevailing bearish structure. MACD registers a bullish golden cross at -0.0 while RSI holds neutral at 47.29. With price pressing the upper Bollinger band resistance at $0.09 and lower support at $0.08, the setup points to a potential healthy pullback toward the 50-EMA before any sustained continuation higher.