Dogecoin / TetherUS
Panjang

Dogecoin (DOGE/USDT) 4H Analysis - Potential Setup in Play

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DOGE is forming a bullish pennant pattern on the 4-hour chart, indicating a potential continuation of the uptrend. A breakout above the upper trendline could trigger a strong move upward.

However, there are some risk factors to consider. A bearish divergence on the RSI suggests the possibility of a short-term correction. Furthermore, the 200 EMA on the 4-hour chart is acting as dynamic support. Losing this level could shift momentum to the downside.

Currently, DOGE is trading at $0.2524, with an intraday high of $0.2679 and a low of $0.2481.
Nota
doge is on range low

Penafian

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