Dogecoin (DOGE) is stabilizing above $0.095, with $0.074 identified as a critical on-chain support level. Analysts suggest that a bull flag structure is forming, indicating potential for a breakout between $0.098 and $0.102. If resistance levels are surpassed, upside targets are set at $0.13, $0.15, and $0.18.
On-chain data from Ali Charts highlights $0.074 as a significant demand zone, with a large concentration of realized volume. This level acts as a strong long-term support, limiting downside risks. Technical analysis shows that a decisive close above $0.100 could accelerate momentum, while repeated rejections may prolong consolidation.
Resistance levels at $0.098, $0.102, and $0.108 are key for sustaining recovery. Analysts note that a move through $0.113-$0.115 would improve Dogecoin's price structure. However, a drop to $0.095 could trigger further declines, with $0.074 as a crucial support to maintain structural integrity.
Dogecoin Holds Key Support, Analysts Eye $0.18 Upside
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