Dogecoin: Megaphone Pattern Emerges on Daily Chart

Dogecoin is printing a megaphone pattern on the daily chart according to @TATrader_Alan, with W-shaped dips tagging the support line twice and the setup turning bullish if that support holds. At the current price of $0.08 the 4h structure sits in a bearish trend yet EMA50 and EMA200 both align exactly at $0.08 as concrete support while MACD registers a golden cross at -0.0 and RSI at 45.31 stays neutral inside the Bollinger bands with upper resistance and lower support both pinned at $0.08, so price action shows tight consolidation where any sustained hold above the shared EMA level could trigger continuation toward the upper band before volatility expands.