Oh, Dogecoin (DOGE), you sly dog. You’re trying to play the long game like some financial soap opera, right? Cantonese Catâs latest chart suggests youâre pulling off an inverse head-and-shoulders routine-like a crypto Cinderella story-while squishing under a âresistance shelfâ like itâs your exâs emotional baggage. đ
Dogecoinâs Breakout Could Target $0.19 (If It Doesnât Trip Over Its Own Paws)
Behold, the daily chart (DOGE/USD, Binance) from Jan. 16, where Cantonese Cat doodles an inverse head-and-shoulders pattern like itâs a dating app profile. Left shoulder? December 2023. Head? Late December, slumping near $0.11 like a sad Shih Tzu. Right shoulder? January 2024, wobbling after a brief spike. Basic, but hey, at least youâre trying. đž

The real drama? That âBuy order blockâ between $0.1250 and $0.1350-your crypto equivalent of a romantic rendezvous spot. Price keeps bouncing back here like itâs your third date, but will it hold? Only if you avoid the âright shoulderâ trap, otherwise known as a classic case of âletâs just stay friends.â đ
Up top, that $0.149-$0.152 resistance zone is your exâs new BFF. DOGE needs to reclaim it to turn this inverse H&S plot from âformingâ to âtriggeringâ-because nothing says romance like fighting for the same supply. đ¨
According to Cantonese Catâs math, the target is $0.186. But letâs be real-itâs going to crash into that red supply zone near $0.19 like a Tesla at a dog park. Prior selling pressure? More like prior emotional trauma. đ
DOGEâs Bollinger Bands: A Love Story
Meanwhile, the 2-day Bollinger Bands are giving major âIâm ready to commitâ vibes. Cantonese Cat notes DOGE is flirting with the upper band near $0.1526, which is either a sign of momentum or just desperate attention-seeking. Either way, itâs a red flag if youâre still below $0.15. â ď¸

âPrice wanting to hang out at the top part of the Bollinger band?â Cantonese Cat asks. Yes, darling, because nothing says âIâm in controlâ like partying at the top of a volatility rollercoaster. đ˘
The problem? That upper band is basically your exâs new address. If DOGE canât crack $0.15, itâs back to the lower band and the âlate-December lowsâ-a.k.a. the emotional dumping ground. đ¸
If DOGE defends its $0.1250-$0.1350 block and reclaims the $0.15 zone, the inverse H&S theory might finally get a standing ovation. But if it flops? Back to the lower band and a sad TikTok dance. đş
At press time, DOGE was trading at $0.139-basically the crypto equivalent of a âmaybe we should just be friendsâ text. đ

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2026-01-16 15:58