The recent DOGE bull flag breakout has sparked optimism among traders, but the price now confronts a key resistance zone. After breaking out of a classic bull flag formation, DOGE attempted to sustain its upward momentum. However, sellers emerged near a critical level, stalling the rally—at least for now.
Despite the short-term rejection, technical analysts point out that the broader structure remains bullish. A cup and handle pattern, which often precedes strong breakouts, appears to be forming on the daily chart. This may hint at further upside in the coming sessions.
📊 Cup and Handle Pattern Builds Bullish Momentum
The cup and handle formation is a well-known bullish continuation pattern in technical analysis. It typically marks a consolidation phase after a steady upward trend, followed by a breakout. In DOGE’s case, the pattern is shaping up just above the recent breakout level—adding credibility to the bullish bias.
Traders are watching closely for confirmation, as a breakout from the handle area could trigger a stronger price surge. This could propel DOGE to new short-term highs if accompanied by strong volume.
🚧 Key Resistance Zone to Watch
DOGE is currently struggling to break above the $0.085–$0.090 resistance area. This level acted as a supply zone during past rallies, and bulls now need to flip it into support. If DOGE succeeds, the next target could lie in the $0.10–$0.11 range, where additional resistance is expected.
Until then, traders remain cautious, especially as price volatility increases near critical levels. A rejection or fakeout could invalidate the bullish setup, so risk management is key.
📉 What to Expect Next
While the DOGE bull flag breakout is technically intact, the price must confirm strength above resistance to fuel the next leg up. A decisive move past the handle area could trigger bullish momentum and attract fresh interest from traders.
If the pattern fails, however, a pullback toward the $0.075–$0.078 range is possible, offering another chance for reentry.
✅ Conclusion
DOGE has shown promising signs with its recent bull flag breakout, but it’s now at a critical point. The presence of a cup and handle adds to bullish expectations, but confirmation is needed. Traders should watch for volume spikes and clean breakouts above resistance to validate the setup.