#Dogecoin is forming a clear Head & Shoulders pattern on the 2Hr

#Dogecoin is forming a clear Head & Shoulders pattern on the 2Hr timeframe — a classic bearish reversal structure that’s now testing the neckline around $0.216 🧐

🔹 Left Shoulder: ~$0.255
🔹 Head: ~$0.287
🔹 Right Shoulder: ~$0.250
🔹 Neckline: ~$0.216 – currently under pressure!

A confirmed breakdown below this neckline could trigger further downside momentum unless bulls step in quickly.


🟥 Support Zones:
$0.216 – neckline support
$0.208 – previous demand zone
$0.192 – strong horizontal support

🟩 Resistance Zones:
• $0.230 – short-term barrier
• $0.245 – right shoulder zone


⚠️ Outlook:
Break below $0.216 with volume = bearish confirmation
Bounce from neckline = potential fakeout & relief push

This is a make-or-break moment for DOGE . Stay sharp! 👀🟩 Resistance Zones:
• $0.230 – short-term barrier
• $0.245 – right shoulder zone

⚠️ Outlook:
Break below $0.216 with volume = bearish confirmation
Bounce from neckline = potential fakeout & relief push

This is a make-or-break moment for DOGE . Stay sharp! 👀

https://www.tradingview.com/x/7DAjJZAU

DOGEUSDT