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Time Details
2025-06-17
09:20
Dogecoin (DOGE) Forms Falling Wedge Pattern: Swing Low Support Signals Potential Reversal – Technical Analysis for Crypto Traders

According to Trader Tardigrade on Twitter, Dogecoin (DOGE) has formed a Falling Wedge pattern on the 4-hour (H4) chart, with the price action approaching a key swing low support. The downward momentum has been gradually decreasing as DOGE nears the apex of the wedge, indicating a potential trend reversal. Technical traders often view a falling wedge near strong support as a bullish signal, suggesting possible upside for DOGE if buyers step in. This setup is relevant for short-term crypto traders seeking entry or exit points, as confirmed by the source’s chart analysis (source: Trader Tardigrade, Twitter, June 17, 2025).

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