DOGE breaks the descending trendline and forms a bull flag, suggesting strong bullish momentum with $0.19 as the next resistance.
A clean breakout above $0.17 shifts DOGE’s structure from lower highs to higher lows, confirming a new bullish phase.
DOGE maintains a long-term trend channel, anticipating a potential 740% increase to $1.10 by Q3 2025.
Dogecoin's latest price trend shows a significant change in trend structure supported by various bullish breakout patterns. Technical analysts refer to confirmation from the daily and weekly charts, with levels established far above current price levels.
Bull Flag and Descending Trendline Break Mark Technical Shift
DOGE price recently broke through a long-standing descending trendline, signaling the first step in a potential upward structure. This trendline defined the dominant bearish momentum since January 2025, marking consistent lower highs and continued sell pressure.
The analyst Trader Tardigrade shared insights highlighting DOGE’s breakout above this resistance, emphasizing the pattern's structural significance. According to the analyst, the token moved sharply after clearing the $0.17 level, a short-term support level during consolidation. The analyst also pointed out a newly formed bull flag, which followed the breakout rally toward $0.19.
Source: Trader Tardigrade
Based on the chart data, the flag appears between $0.175 and $0.185, indicating reduced volatility and controlled retracement. DOGE’s price structure now maintains a bullish pole-flag formation, where price consolidates without breaking key support. The analyst confirmed that the breakout above the trendline remains valid, with no major sell-off disrupting its structure.
DOGE price data from mid-January through early May confirms a consistent downtrend before this reversal pattern. During the breakout session, the chart shows elevated volume, reinforcing the strength behind the move. The vertical structure also indicates new, higher lows forming post-breakout, replacing the earlier lower highs.
Multi-Cycle Trend Projection Targets $1.10 Upside Potential
Another analyst has provided a broader perspective, evaluating DOGE’s price action within a long-term logarithmic channel. The analyst Bitcoinsensus offered a comparative analysis using DOGE/USDT weekly candles, identifying three major bullish cycles.
Source: Bitcoinsensus
The analyst described the channel as containing higher lows and highs, with each correction bouncing from dynamic support. DOGE price has maintained this structure since 2023, with previous rallies reaching +290% and +440% gains. The analyst added that DOGE recently reversed from $0.13, preparing for the projected third wave.
This phase projects a +740% increase, targeting $1.10 by Q3 2025 if the current structure holds. DOGE’s recent rally aligns with similar moves from earlier cycles that respected the channel’s support boundaries. The current weekly candle places DOGE near $0.18, well within the channel and pointing toward continued momentum.
