Dogecoin: Bullish Divergence Forms at $0.08 Support
Trader Tardigrade notes Dogecoin printed a bullish divergence on the 4-hour chart as price made lower lows while RSI formed higher lows right at the support zone.
SourceAnalysis
Dogecoin printed a bullish divergence on the 4-hour chart, with price carving a lower low while RSI carved a higher low exactly at the $0.08 support zone. Trader Tardigrade flagged the setup as the catalyst that could restart the uptrend. Price currently sits at $0.08, pressing the lower Bollinger Band while the EMA50 and EMA200 both rest at $0.09, turning that level into immediate resistance. RSI at 31.51 remains neutral yet shows the divergence that often precedes short-term relief, even as MACD maintains its death cross at -0.0 and keeps the broader structure bearish. With price testing lower-band support while RSI refuses to confirm the low, a measured bounce toward the $0.09 EMA confluence appears the next logical step before any sustained continuation.
Trader Tardigrade
@TATrader_AlanTechnical chartist and crypto content creator focused on Bitcoin and altcoin pattern analysis.