Dogecoin: Bullish Pennant Forms After Double Bottom

Dogecoin printed a bullish pennant after completing a double bottom, according to a post from @TATrader_Alan on November 5, 2026.

Price sits at $0.08 inside the Bollinger Band with the 50- and 200-period EMAs both anchored at the same level, creating a tight support zone. The MACD golden cross keeps the broader structure bullish while RSI at 58.03 shows room before overbought conditions develop. A move toward the upper band at $0.08 remains the near-term target unless price first tests the lower band support at $0.07.