Peter Smith
Dogecoin (DOGE) shows strong momentum on the 3-week chart with a classic bull flag pattern. This continuation structure typically precedes major rallies, and with DOGE breaking through flag resistance, the path toward $0.95 appears increasingly likely.
Technical Breakout Shows Renewed Strength
Trader @TATrader_Alan has identified Dogecoin's recurring cycle of sharp rallies followed by consolidation within downward-sloping flags.
Each breakout has triggered the next major leg higher. DOGE has now completed its latest consolidation and broken above the descending channel, signaling renewed buyer control.
Key Levels and Market
The chart reveals three clear flagpole-and-flag formations with sharp rallies followed by deep corrections before clean breakouts. Critical support sits at $0.20 and $0.18, while resistance at $0.30 and $0.37 must be cleared to reach the $0.95 target. The pattern's historical reliability, combined with improving crypto sentiment and strong community support, reinforces DOGE's bullish outlook.
Key Takeaway
Dogecoin is positioned for potential upside if momentum sustains above key support levels. While volatility remains a risk, the proven track record of this pattern formation supports optimism for the $0.95 target in the near term.
Peter Smith
