Dogecoin Breakout: What's Next as ETF Inflows Return

Dogecoin has seen significant gains over the past week, rising by approximately 18% as Bitcoin reached $87,000. According to crypto analyst Kevin Capital, Dogecoin cleared its daily bear-market resistance 'for the first time this cycle', indicating a potential bullish trend shift.

Kevin identified $0.107-$0.118 as the next potential upside zone following the breakout. Meanwhile, trader Tardigrade sees a monthly bullish pennant forming, which briefly broke down before Dogecoin reclaimed the pattern.

Trader Scient is watching for a weekly market structure shift to confirm the setup and expects DOGE could retrace toward $0.08-$0.09 area to fill gaps created during the recent rally.