The recent decline in the price of DOGE has led to the formation of a flag pattern, and the emergence of such a pattern after a strong upward wave indicates price consolidation and the possibility of continued rise after a temporary correction period. The positive implication of this pattern is confirmed if the price can break through the upper limit of the flag pattern at 0.24$ and surpass it.

If this breakout is accompanied by strong trading volumes, it could be considered an indication of the potential for continued upward movement, and it may push the price of DOGE towards 0.35$ in the foreseeable future. Additionally, the formation of this pattern confirms the availability of a more enticing entry opportunity than it was a week ago for those who missed its previous surge to benefit from the anticipated breakout.

In any case, it is advisable for interested parties to monitor the support level at 0.18$ , corresponding to the second highest price levels of DOGE recorded recently. A rebound in price above this level is considered a sign of the strength of its anticipated surge and its strong foundations.

If the price continues to gain momentum alongside the increasing use cases for Dogecoin and enjoys strong community support, reaching the mark of 1$ will become a realistic long-term target. With the strong recovery of meme coins, new crypto listings, most notably SUBBD (SUBBD), have successfully attracted the attention of many due to their high growth potential.