According to @TATrader_Alan, Dogecoin (DOGE) on the 4-hour chart may be forming the right shoulder of an inverse head-and-shoulders pattern, a bullish reversal setup when confirmed by a neckline break. Sources: @TATrader_Alan on X, Aug 12, 2025; Edwards and Magee, Technical Analysis of Stock Trends. Traders should watch for a decisive close above the neckline and expanding volume to confirm breakout strength on DOGE. Sources: Edwards and Magee, Technical Analysis of Stock Trends; Thomas Bulkowski, ThePatternSite, Head-and-Shoulders Bottom. A common invalidation is a close back below the head low, while a typical objective projects the head-to-neckline depth upward from the breakout on the 4-hour timeframe. Sources: Edwards and Magee, Technical Analysis of Stock Trends; Thomas Bulkowski, ThePatternSite, Head-and-Shoulders Bottom.