Dogecoin: Channel Bounce Eyes $0.093
Dogecoin bounces off ascending channel support at $0.08 with MACD golden cross, targeting $0.093 upper resistance on 4h chart.
SourceAnalysis
Dogecoin has completed its second bounce from the lower boundary of an ascending channel on the 4-hour timeframe, locking in $0.093 as the next measured move to upper resistance.
The structure shows price holding at $0.08 while the MACD registers a bullish golden cross at -0.0, confirming building momentum even as the broader trend remains capped by the EMA50 at $0.09.
With DOGE price prediction models now factoring the clean double-touch support and neutral RSI at 47.27, traders watch for a swift extension inside the Bollinger band toward the $0.09 upper band before any deeper pullback to the EMA200 at $0.08.
Trader Tardigrade
@TATrader_AlanTechnical chartist and crypto content creator focused on Bitcoin and altcoin pattern analysis.
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