Dogecoin Bullish Flag Points to $0.115 Breakout

Crypto analyst Ali Martinez has identified a bullish flag pattern on Dogecoin's hourly chart, suggesting that DOGE could target $0.115 if buyers push the cryptocurrency above the $0.090 resistance level.

The flag formation is characterized by an advance from approximately $0.070 to $0.096 before the cryptocurrency began moving inside a downward-sloping parallel channel, forming the initial upward move as the flagpole and the subsequent controlled decline as the flag.

A confirmed break above the channel's upper trendline or an hourly close above $0.090 would reinforce Dogecoin's short-term bullish structure and provide the first major technical signal that buyers are regaining momentum after the consolidation period.

If DOGE breaks through the resistance, it could initially face selling pressure around $0.096, followed by a move toward $0.105, and eventually target $0.115, based on the measured height of the flagpole.