What to Know Ali Charts says DOGE could reach $0.092 if support holds. Dogecoin continues trading within a rising channel on hourly charts. Maintaining $0.087 support could open path toward t
What to Know
Dogecoin could be preparing for another upward move as crypto analyst Ali Charts points to a key support level that continues to hold despite recent price fluctuations. According to the analyst, DOGE remains inside a rising channel on the one-hour chart, with the potential to climb toward $0.092 and $0.095 if buyers maintain control above $0.087. Ali shared a chart on X showing Dogecoin trading within an ascending channel that has shaped price action over the past several days. The pattern reflects a sequence of higher lows and higher highs, suggesting that buyers continue to defend important areas during market pullbacks.
At the time of the analysis, DOGE traded near $0.088 after easing from a recent local high. Even so, the broader channel structure remained intact, preserving the possibility of further gains in the short term. According to Ali, the first upside objective sits near $0.092, which corresponds to the midpoint of the channel. Moreover, continued buying activity could support a move toward $0.095, where the upper boundary of the formation currently sits.
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The ascending channel remains the dominant technical structure on the chart. Throughout the recent trading period, Dogecoin has repeatedly moved between the lower and upper trendlines while maintaining its gradual upward trajectory. Several pullbacks emerged during the advance. However, buyers consistently entered the market near support zones and prevented deeper declines. Consequently, DOGE continued producing higher lows, a pattern that often reflects underlying market strength.
Dogecoin $DOGE is trading inside a rising channel.
As long as the $0.087 support level holds, I think price could rebound toward the mid-range at $0.092 or even the channel top at $0.095. pic.twitter.com/SVWhMRpN8d
— Ali Charts (@alicharts) June 16, 2026
Ali’s projected path suggests the meme coin may first reclaim the $0.089 region before attempting a move toward $0.092. If momentum strengthens further, DOGE could extend its advance toward the upper edge of the channel near $0.095. Technical traders frequently monitor channel formations because they provide clearly defined support and resistance areas. Additionally, repeated reactions near those boundaries can help identify the prevailing market direction.
While the upside targets remain valid, Ali noted that the current setup depends on support holding above $0.087. That level sits close to a recent rebound area and aligns with the lower portion of the channel. Therefore, maintaining price action above this zone would strengthen the bullish scenario outlined in the chart.
Conversely, a sustained breakdown below support could weaken the existing structure and reduce the likelihood of reaching the projected targets. Such a move could also encourage additional selling pressure in the short term. In conclusion, Dogecoin continues to trade within a rising channel that has guided its recent movement. According to Ali Charts, holding the $0.087 support level could create conditions for a move toward $0.092 and potentially $0.095 in the sessions ahead.
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The post Dogecoin Eyes Higher Levels as Analyst Points to Key Support Zone appeared first on 36Crypto.
