Dogecoin: Megaphone Pattern Bounce Eyes $0.108
Trader Tardigrade reports Dogecoin respects its daily megaphone setup after bouncing off the lower trendline with expanding swings and a $0.108 target now in play.
SourceAnalysis
Dogecoin respects its daily megaphone pattern after price tagged the lower trendline and rejected it, with higher highs and lower lows confirming the widening range according to @TATrader_Alan. The last identical touch propelled price toward the upper boundary, placing the $0.108 target back in focus. On the 4h chart DOGE trades at $0.08 inside tight Bollinger Bands with the EMA50 at $0.08 acting as immediate support and the EMA200 at $0.09 capping upside, while RSI at 56.16 stays neutral and MACD prints a golden cross that keeps the short-term structure bullish.
Trader Tardigrade
@TATrader_AlanTechnical chartist and crypto content creator focused on Bitcoin and altcoin pattern analysis.