Dogecoin: Busted Symmetrical Triangle Forms

Dogecoin has formed a busted symmetrical triangle on the hourly chart, according to @TATrader_Alan, with the initial breakdown limited to under 10% before price reversed beyond the opposite boundary.

Dogecoin trades at $0.08 inside its Bollinger Bands on the 4h chart, where EMA50 and EMA200 both sit at the same level acting as immediate support while MACD prints a death cross and RSI holds neutral at 40.64; this confluence points to short-term volatility exhaustion at the upper band resistance, with any sustained push higher likely requiring a retest of the $0.08 EMA cluster before continuation.