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Dogecoin Tests $0.152 Neckline as Inverse Head-and-Shoulders Setup Emerges

Analysts say only a high-volume daily close above that level would validate a trend reversal.

Overview

  • DOGE trades near $0.1419, compressing just below the $0.148–$0.152 neckline that technicians identify as the breakout trigger.
  • Charts show a higher low this week and a potential break from a five-month falling wedge, framing a conditional shift in momentum.
  • The inverse head-and-shoulders projects $0.178–$0.186 if confirmed, with some analysts watching $0.20 as a stretch objective.
  • Momentum signals are improving, with RSI holding above 50, MACD rebuilding strength, and recent gains accompanied by rising volume.
  • Rejection at $0.152 could send price toward $0.138 or $0.117, and any upside case calls for a daily close with strong volume followed by a reclaim of the 200-day EMA and $0.17.