Congratulations, the short-term goals for DOGE have been achieved💰 Now we observe our pattern; if the neckline level at 0.219 is broken, the pattern will be activated, and then we can expect 0.182
Maxim S
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🚨 Doge is forming a bearish pattern "Head and Shoulders"
On the $DOGE coin chart, a classic reversal figure — "Head and Shoulders" — is observed. The pattern is not fully formed yet, but it already signals a possible decline.
Pattern data:
Local maximum (Head): 0.25574
Local minimum (Neckline): 0.21900
Current price: 0.23421
Analysis:
Pattern height: 0.03674
Short-term targets:
🎯TP1: 0.23000
🎯TP2: 0.22500
Target for the pattern upon breaking the neckline: 0.21900 − 0.03674 ≈ 0.18226
Key levels:
Resistance: 0.25574
Support / neckline: 0.21900
💡 Conclusion: Watch the neckline. A break and consolidation below 0.21900 activates a bearish scenario with a target around 🎯 0.182. While the pattern is forming, short-term retracements to levels are possible: 🎯TP1: 0.230 🎯TP2: 0.225
#DOGE
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