DOGE Warning: H&S Breakdown Active — Downside Not Done
$DOGE confirmed a Head & Shoulders breakdown
Neckline lost → structure flipped
Since then:
Every bounce → sold
No reclaim → no strength
Structure:
Former support = resistance
Price below neckline = bear control
Signal:
This is not a dip
This is a pattern playing out
What to watch:
• Reclaim breakdown level → first bullish sign
• Until then → downside bias intact
Execution insight:
H&S breakdowns tend to complete their move
No interruption yet → continuation likely
Verdict:
Bears in control
Next stop = lower support zone