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The daily chart shows that DOGE reached a high of $0.2600 last week, then the trend fell to $0.2200. Now it has formed a bullish flag pattern, which is a continuation signal. This pattern features a strong pump movement followed by a consolidation phase, resembling a flag being raised. Typically, it leads to a strong breakout. Before this flag appeared, DOGE's price also formed a Reverse head and shoulders pattern. The head is at $0.1298, the low from April 7, while the shoulders are at $0.1520. DOGE is still above the 50-day and 100-day MAs. Based on this setup, the coin has the potential to break out and may test the high of $0.4820 in November 2024, representing a 120% rise compared to current levels. The DOGE price has formed a huge volume on the weekly chart.