DOGE Breaks Trend Line with Bull Flag Setup, Signaling Structural Change

The latest price trend of Dogecoin shows a significant change in the trend structure supported by various bullish breakout patterns. Technical analysts confirm from the daily chart and weekly chart, with levels set much higher than the current price. Bull Flag and the downtrend line broke the technical change The price of DOGE has recently broken the long-term downtrend line, signaling the first step in a potential bullish structure. This trend line defines the prevailing bearish momentum since January 2025, marking a series of lower highs and continuous selling pressure. Trader Tardigrade, an analyst, has shared insights highlighting the breakout of DOGE above this resistance level, emphasizing the structural importance of the pattern. According to the analyst, this token has surged after surpassing the $0.17 level, a short-term support during the consolidation process. The analyst also points out a new bullish flag forming, following a breakout move towards $0.19.

Based on the chart data, the flag appears between $0.175 and $0.185, indicating a controlled pullback and decreasing volatility. The price structure of DOGE currently maintains a bullish flag-pole pattern, where the price consolidates without breaking the main support level. The analyst confirms that the breakout above the trendline is still valid, with no significant sell-off breaking its structure. The price data of Dogecoin from mid-January to early May confirms the continuous bearish trend before this reversal pattern. During the breakout session, the chart shows high volume, reinforcing the strength behind this move. The vertical structure also indicates a new higher low forming after the breakout, replacing the previous lower high. Forecasting multi-cycle trends towards a bullish potential of 1.10 dollars Another analyst has provided a broader perspective, evaluating the price action of DOGE in the long-term logarithmic channel. The analyst from Bitcoinsensus has provided a comparative analysis using the weekly candles of DOGE/USDT, identifying three main bullish cycles.

The analyst describes that this channel contains higher lows and highs, with each correction bouncing off the dynamic support level. The price of DOGE has maintained this structure since 2023, with previous bullish rallies achieving increases of +290% and +440%. The analyst further stated that DOGE recently reversed from the $0.13 level, preparing for the anticipated third wave. This phase is expected to increase +740%, targeting $1.10 in Q3 2025 if the current structure remains unchanged. The recent bullish movement of Dogecoin aligns with similar moves from previous cycles, respecting the support boundaries of the channel. The current weekly candle places Dogecoin near $0.18, within the channel and heading towards continuous bullish momentum.