Bullish Flag Pattern on DOGE Hourly Chart Signals Potential Rally

According to crypto analyst Ali Charts, Dogecoin (DOGE) is exhibiting signs of a potential bullish flag formation on its hourly chart. This suggests that buyers may be consolidating after recent price gains.

The current DOGE price structure and whale accumulation indicate a strong possibility of a bullish reversal ahead, despite the 1.61% gain over the last 24 hours.

The main support for the bulls stands at $0.090, which currently serves as a significant resistance barrier for DOGE price action. A breakout above this level would confirm the bullish flag pattern and open the way towards $0.115 with an expected 30% upward movement from the breakout zone.