Dogecoin (CRYPTO: DOGE) is building a bullish pattern, while Shiba Inu (CRYPTO: SHIB) is testing critical support.
Dogecoin’s Basing Pattern
DOGE has respected an ascending trendline from the $0.083 capitulation low on multiple tests, creating higher lows that suggest accumulation.
On the 2-hour timeframe, all EMAs cluster tightly around $0.10, creating clear resistance: 20 EMA at $0.10061, 50 EMA at $0.10084, 100 EMA at $0.10025, and 200 EMA at $0.10231.
However, the flattening of these averages after weeks of decline signals the downtrend is losing momentum—the first step toward reversal.
Two support zones have held: $0.093-$0.095 lower and $0.099-$0.102 upper. Current price sits at the lower …