DOGE Bulls Eyeing $0.115 Breakout as Resistance at $0.090 Looms

Dogecoin's price has been trending downward over the past 24 hours, but analysts see potential for a bullish breakout.

The token dropped 2% in value over the last day, with long liquidations reaching $3.32 million.

However, Dogecoin's seven-day and 14-day gains are still positive, at 2.0% and 22.3%, respectively.

Analyst Ali Martinez identified a bullish flag pattern in the token's chart, with resistance at $0.090.

A breakout above this level could send Dogecoin's price towards $0.115, representing a potential upside of approximately 30% from its current value.