Dogecoin: Bullish Pennant Targets $0.128 Breakout
Dogecoin forms bullish pennant on 4h chart with $0.128 target as price holds $0.09 amid neutral RSI and MACD death cross.
SourceAnalysis
DOGE has formed a bullish pennant on the 4-hour chart, completing compression with converging trendlines and a measured move to $0.128.
Price action at $0.09 tests the upper Bollinger Band resistance while EMA50 and EMA200 both sit at $0.08 as concrete support levels. RSI(14) at 57.57 stays neutral and MACD registers a death cross, pointing to a likely retracement toward the 50-EMA before any continuation higher.
Trader Tardigrade
@TATrader_AlanTechnical chartist and crypto content creator focused on Bitcoin and altcoin pattern analysis.
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