DOGE Consolidates Below $0.2022 Resistance While Forming Adam & Eve Bottom

The 4-hour chart shows Dogecoin trading in a bottom pattern in the form of Adam and Eve, an indication that the structure might recover.

The most important neckline resistance is the level at which there is solid support at $0.2022, and the recent pullback had a strong support at $0.1924.

An established breakout of above $0.2022 can support the trend of the bullish, and a move of $0.26 will be realized.

Dogecoin is just staying in the last phase of a bottom pattern in the four hour chart. The cryptocurrency is trading at $0.1979 having dropped by 6.1% in the last seven days. The formation that is emerging in the chart though weak in recent times indicates a potential recovery in case there is a breakout above the neckline of about $0.2022.

Pattern Development and Market Structure

The Adam and Eve bottom pattern consists of two distinct troughs. The first, “Adam,” forms as a sharp, narrow dip, while the second, “Eve,” develops as a broader, rounded low. On Dogecoin’s chart, the Adam phase formed around October 13, followed by the Eve phase currently shaping between October 17 and 20. The resistance of the neckline is approaching $ 0.2022 and the support is at $ 0.1924.

The movement of the price is still at this range that indicates cautiousness on the part of traders who are waiting to be convinced. Notably, trading activity has shown moderate recovery from the $0.1924 support level, signaling potential for a retest of the neckline zone.

Technical Range and Resistance Outlook

Over the last 24 hours, Dogecoin has been fluctuating within the narrow band of between$ 0.1924 and $0.2022.This is a narrow consolidation after previous fall since the price was forced to be below 0.20. Nevertheless, the continuation of the pattern rounded base can be a sign of stability that develops at the lower levels. Any persistent above $0.2022 would affirm the Adam and Eve formation, and the computed target would be close to $0.26.

The long-term perspective will be pegged on the neckline support and equilibrium at the current price.

Market Context and Near-Term Focus

Dogecoin’s technical structure emphasizes a gradual recovery phase within a limited trading corridor. The $0.1924 support has held firm despite market pressure. Traders continue to monitor the neckline as a key trigger point for directional movement. If the structure completes, the next notable level aligns with the projected $0.26 target, reflecting the pattern’s calculated extension.