📊 CHARTSCOUT TECHNICAL ALERT: Dogecoin (DOGE/USDT) 1h Setup
A 1-hour Bear Flag pattern is currently active on Dogecoin ($DOGE ) detected by ChartScout
Key Technical Breakdown:
🔹 Pattern: 1h Bear Flag (Continuation)
🔹 Flagpole Move: -4.5% initial drop
🔹 Support Line: Tested 5 times ($0.0845)
🔹 Resistance Line: Tested 3 times ($0.0860)
🔹 Current Price: $0.0851
Why this level matters:
Price is moving inside an ascending consolidation channel following a -4.5% decline. A volume-backed push below lower support suggests potential continuation of the downtrend, while a break above upper resistance cancels the setup.
⚠️ DYOR - Not Financial Advice.
#chartscout $DOGE
A 1-hour Bear Flag pattern is currently active on Dogecoin ($DOGE ) detected by ChartScout
Key Technical Breakdown:
🔹 Pattern: 1h Bear Flag (Continuation)
🔹 Flagpole Move: -4.5% initial drop
🔹 Support Line: Tested 5 times ($0.0845)
🔹 Resistance Line: Tested 3 times ($0.0860)
🔹 Current Price: $0.0851
Why this level matters:
Price is moving inside an ascending consolidation channel following a -4.5% decline. A volume-backed push below lower support suggests potential continuation of the downtrend, while a break above upper resistance cancels the setup.
⚠️ DYOR - Not Financial Advice.
#chartscout $DOGE
