Dogecoin is approaching a decision point after a strong upward move. Prominent crypto analyst Ali Martinez (@ali_charts) recently shared a 1-hour chart showing DOGE climbing sharply before entering a descending channel.
Martinez identifies this structure as a bullish flag. The asset has remained inside the channel while moving lower from the initial surge. That consolidation has created a clearly defined resistance level above the current price.
DOGE sits around $0.0866 on the chart. The next important test comes at $0.090. The setup becomes particularly interesting because the resistance sits close to the current trading area. DOGE does not need an unusually large move to reach the level that Martinez considers critical.
Dogecoin $DOGE appears to be forming a bullish flag on the hourly chart.
While the pattern still allows for a pullback toward the important $0.081 support, the key level to watch is $0.090.
An hourly close above that resistance could trigger a breakout toward $0.115,… https://t.co/I7oHdBYhDw pic.twitter.com/0lmYnbZKEx
— Ali Charts (@alicharts) August 28, 2026
$0.090 Could Activate the Setup
Martinez states that “the key level to watch is $0.090.” His analysis requires an hourly close above that resistance for the bullish setup to trigger. That makes the closing price more important than an intraday move above the level.
DOGE needs buyers to push its price through $0.090 and hold that breakout on the hourly timeframe. If that happens, Martinez projects a move toward $0.115. From the $0.090 breakout level, $0.115 represents roughly 28% upside. From the $0.0866 level shown on the chart, the move would approach 33%.
The chart therefore gives traders a specific sequence to monitor. First comes the $0.090 breakout. Then comes the potential move toward $0.115. With analysts throwing out double-digit targets, this move could happen sooner than expected.
Room to Consolidate
The bullish setup also allows for another pullback. Martinez identifies $0.081 as the important support level. That level sits beneath the descending channel. A move toward $0.081 would therefore represent another test of the structure rather than automatically ending the setup.
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This gives DOGE a defined technical range. Buyers need to defend the lower support area while working toward a break above $0.090. The reaction at both levels should determine the next significant move.
What’s Next for DOGE?
One commenter highlighted the need for rising volume with the price surge. He believes a failure to capture that volume could make the move above $0.090 a bull trap for investors.
XRP is facing a similar test, as it recently surged to $1.68 before a swift pullback to around $1.40. If DOGE follows a similar path, it could pull back before another recovery attempt.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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