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Following
DOGE Dogecoin's bullish flag breakthrough target points to US$0.12, with US$0.0813 as the key support level.
After the recent correction, Dogecoin's bullish flag breakthrough pattern has been confirmed, and the technical target points to US$0.12. At the same time, US$0.0813 remains solid as a key support level in the chain. In the past five days, large holders have increased their holdings of more than 400 million DOGE units, further consolidating the support for this price range.
Technical indicators on the daily and two-week cycles both showed bullish signals. Analysts are closely watching potential upside targets at $0.1552,$0.1774 and higher.
Ali Charts identifies key support areas
According to Ali Charts analysis, Dogecoin confirmed a bullish flag breakthrough in a lower time frame at the daily level, and the target price for this pattern is set at US$0.12. Previously, Dogecoin fell about 17% from US$0.1007 on August 22 to around US$0.0828. Analysts Javon Marks and Trader Tardigrade pointed out that additional bullish signals are also emerging over a longer period of time.
Ali Charts said that after the recent decline in dogcoin, the daily-level Tom DeMark Sequential indicator sent a buy signal. He pointed out that this pattern setting may indicate that the adjustment has entered an advanced stage. In addition, the dog coin has formed a "morning star" reversal pattern on the daily chart. This pattern usually appears at the end of a downtrend, reflecting weakening selling pressure.
At the same time, large holders have increased their holdings of more than 400 million DOGE units in five days. Ali Charts believes that this buying activity strengthens the bottom line of on-chain support of $0.0813. Previously, approximately 35 billion DOGE units had been traded near that level. Ali Charts listed $0.0813 as a key position that currently requires focused observation.
Analysts track higher price targets
If support at $0.0813 is maintained, Ali Charts lists the next upside targets of $0.1552 and $0.1774. The bullish flag in the lower time frame points separately to the moving target of $0.12.
Javon Marks points to higher lows for Dogecoin the broader market structure. He said DOGE is returning with a strong stance and is expected to challenge areas above $0.60. Marks predicts that if the price range of $0.60 is reached, the increase could exceed 555%. His assessment is mainly based on Dogecoin's broader structure and the recently formed higher lows.
Trader Tardigrade also identified long-term technical changes within Dogecoin's two-week time frame. The analyst pointed out that after a long period of weakness, the MACD indicator showed a bullish cross signal.
Technical signal resonance in multiple time frames
Trader Tardigrade said that the two-week cycle of MACD rarely produces cross signals, so this signal is regarded as the first major inversion signal. He pointed out that the bear market phase is over and a new bull market structure is taking shape.
However, Ali Charts emphasized that US$0.0813 is the current instant key for Dogecoin. The analyst linked this support to preliminary trading activity involving nearly 35 billion DOGE units.
These independent technical readings cover daily, lower time frames, and two-week cycles of dogcoin structure, including bullish flag breakout, daily reversal pattern, giant whale position accumulation, and two-week cycles of MACD cross signals.
