Dogecoin: Head-and-Shoulders Eyes $0.074

Dogecoin could be heading back to the $0.074 area based on the head-and-shoulders target on the 8-hour chart, according to Trader Tardigrade.

Price sits at $0.08 where both the EMA50 and EMA200 converge as a single support-resistance line while the MACD prints a death cross and RSI holds neutral at 35.42; the Bollinger Bands have compressed tightly around the same $0.08 level, leaving little room before a move lower that would match the pattern projection.