Analyst Ali Martinez Maps $0.12 Target for Dogecoin (DOGE) After Bull Flag Breakout

Bull Flag Breakout Points to $0.12

Dogecoin (DOGE) has a new upside target in play: $0.12, according to technical work published by analyst Ali Martinez over the past 24 hours. The setup, centered on a Dogecoin bull flag, arrives as the original memecoin rebounds alongside the wider crypto market. A bull flag is a continuation pattern that typically forms after a strong upward move, with price consolidating inside a narrow downward or sideways channel before breaking higher. In his most recent update shared on X, Martinez indicated that DOGE has already confirmed a breakout from this structure on lower timeframes, with the projected measured move landing near $0.12 — a level that would strip a zero from the coin's quoted price. The lower-timeframe breakout does not stand alone. On the daily chart, the Tom DeMark Sequential indicator — a tool designed to track exhaustion and potential turning points in price sequences — has flashed a buy signal, which Martinez reads as evidence that the ongoing correction may be nearing its end. The daily candle structure adds a second confirmation: a morning doji star, a reversal pattern that tends to appear late in a downtrend when sellers lose momentum and buyers step back in. Taken together, the analyst argues that the short-term breakout and the higher-timeframe signals reinforce one another, giving the $0.12 projection technical backing rather than resting on momentum alone. Our reading of the chart work is that the sequence matters more than any single indicator — the flag, the TD Sequential print and the doji star all describe the same transition from correction to potential continuation, which is why the setup has drawn attention beyond routine short-term calls.

shared on Xhttps://x.com/alicharts/status/2095770232832905640

Whales Accumulate 400 Million DOGE

The technical picture coincides with a tangible shift in market behavior. DOGE gained 5.30% in the last 24 hours to trade near $0.087, a move that landed as Bitcoin pushed back above $81,000 and softer interest-rate expectations steered buyers toward risk assets across the board. The rebound also follows a stretch in which Dogecoin had shown fragility — the asset recently retraced 16.5% from a local high after a failed breakout, and separately lost its 100-day EMA support near $0.0816 before this week's recovery. What distinguishes the current move is who is buying. On-chain data shows large holders accumulated more than 400 million DOGE within five days, a wave of dip-buying that has translated into measurable pressure at prevailing price levels. That accumulation has also reinforced the most important on-chain support on the map: $0.0813, a zone where roughly 35 billion DOGE previously changed hands, per trading volume records on the ledger. As long as that level holds, Martinez's framework keeps the bullish structure intact, with $0.1552 and $0.1774 flagged as the next upside objectives beyond the initial $0.12 target. A daily close below $0.0813 would weaken the setup considerably. For traders weighing an entry, our step-by-step guide on how to buy Dogecoin covers the mechanics, while altcoin positioning across the broader market remains tied to whether Bitcoin sustains its recovery above $81,000. Readers tracking the market in real time can follow live spot and futures prices on Bitget.

$0.0813 Support Holds the Key

The two threads of this story — a confirmed chart pattern and five days of whale accumulation — converge on the same reference point. The most load-bearing record here is the on-chain ledger itself: the primary data showing some 35 billion DOGE traded around $0.0813 is what turns that price from an arbitrary line into a genuine cost-basis zone, and it is the document Martinez's own posted analysis leans on. At COINOTAG, our view is that the $0.0813 level is now the binary for this setup — hold it, and the bull flag's $0.12 measured move stays live with $0.1552 and $0.1774 in extension; lose it, and the breakout thesis fails regardless of how clean the pattern looked. With spot DOGE near $0.087, the market is pricing the bullish case — narrowly.