Dogecoin: Inverted Head and Shoulders on 1H Chart

Trader Tardigrade highlighted an inverted head and shoulders formation on the Dogecoin 1-hour chart.

Price sits at $0.08 inside the Bollinger Bands with the EMA50 at the same level acting as immediate support and the EMA200 at $0.09 capping upside. The MACD has printed a golden cross while RSI at 47.12 remains neutral, leaving room for continuation once the neckline breaks. A move toward the upper band at $0.08 could stall momentum and trigger a quick test of the 50-EMA before any sustained advance.