Dogecoin Price Prediction: DOGE Forms Bullish Flag Pattern, Expected to Surge to $0.35

Recently, the retracement of DOGE has drawn a flag consolidation pattern on the chart. This pattern typically appears after a strong upward movement, indicating that the market is undergoing consolidation and accumulation, and after a brief rest, it is expected to continue rising.

Once the price breaks through the upper edge of the flag, successfully standing above the key resistance level of $0.24, this bullish pattern will be confirmed, opening up space for further exploration towards $0.35.

If this breakout is accompanied by an increase in volume, it will confirm that DOGE continues its bullish trend, with a potential surge to $0.35 in the short term.

This bullish flag further confirms that the whale's reduction of positions may just be a bull trap, providing off-market funds with a more cost-effective entry point, which is more favorable compared to the highs from a week ago.

Key support to watch on the downside is the $0.18 range, which was the second-high point in the previous upward wave. If the price receives technical support here and rebounds, it will validate that the current bullish structure remains strong, and the main upward wave still has momentum.

If the current market momentum continues, coupled with the enhanced practicality of Dogecoin in payment and ecological scenarios, as well as the strong community consensus behind it, the goal of DOGE reaching $1 will no longer be a “meme,” but rather a realistic medium to long-term expectation.

At the same time, as the meme coin sector makes a comeback, emerging crypto presale projects like SUBBD (SUBBD) are also receiving high attention from investors, as they possess greater potential for multiples and are seen as explosive potential coins in the next wave of the bull market.