Dogecoin: Retesting Mid-Term Trendline on 3-Day Chart

Dogecoin continues its first retest of the mid- to long-term trendline created earlier this year on the 3-day chart, according to @TATrader_Alan. The line previously served as descending resistance before multiple breakout attempts succeeded. At the same time, the 4-hour chart shows price locked at $0.09 where the EMA50 and EMA200 converge as support. The MACD registers a bullish golden cross even as RSI sits neutral at 39.44, while price trades inside the Bollinger Bands with the upper band capping at $0.09 and lower band at $0.08. This confluence points to a period of consolidation around the 0.09 zone before any decisive directional move.