$DOGE has formed a clear bullish pennant on the 2H chart after a sharp recovery from the 0.080 low. Price is now trading around 0.096–0.097, tightly compressing inside the structure — and this is where time starts to matter more than price.
What’s important here is past behavior:
This 0.095–0.100 region has acted as a consolidation zone multiple times
Every time DOGE has paused here before, it was not an instant breakout — it spent time absorbing supply before choosing direction
Right now:
Higher lows are forming inside the pennant
Selling pressure is clearly slowing
Volatility is getting sque