Dogecoin: RSI Reset Eyes Retest to $0.08
Dogecoin at $0.09 resets RSI to 33.88 on 4h chart with MACD death cross, opening path for retest to $0.08 before bullish divergence forms.
SourceAnalysis
Dogecoin has reset its RSI from overbought to oversold territory on the 4-hour timeframe, marking a healthy correction inside the broader move according to trader @TATrader_Alan.
Market maker manipulation theory still flags a quick probe back to the prior low as probable, setting up a bullish divergence ahead of the next leg higher.
DOGE price prediction models now hinge on the 4h technical confluence where price sits at $0.09 inside the Bollinger bands with upper resistance at $0.1 and lower support at $0.08. The EMA50 and EMA200 both rest at $0.09, turning that level into a concrete long-term pivot while the MACD death cross keeps the structure bearish. With RSI(14) at 33.88 in neutral territory, price action tests upper band resistance and a healthy retracement toward the 50-EMA support at $0.09 appears probable before continuation, exactly the setup required for the divergence the tweet anticipates.
Trader Tardigrade
@TATrader_AlanTechnical chartist and crypto content creator focused on Bitcoin and altcoin pattern analysis.