Crypto analyst Ali Martinez believes that Dogecoin (DOGE) may have shifted to bullish sentiment based on technical and fundamental aspects.
On May 25, Martinez predicted that Dogecoin price could surge at least 12% in the coming days to retest $0.1156. This crypto analyst highlighted that the bullish thesis for DOGE rests on the fact that the dog-themed memecoin has retested a robust support level around $0.1027.
DOGE/USD 1D chart. Source: TradingView
Furthermore, this identified support level aligns with Dogecoin’s retest of the 50-day Simple Moving Average (SMA). Additionally, DOGE price recently rallied past $0.1027, overcoming a major sell wall in March and April 2026.
As such, Martinez noted that DOGE price could drop towards its support level around $0.0883 if buyers fail to defend the support at $0.1027. Essentially, this analyst suggests that DOGE price has traded in a horizontal channel, especially after it faced rejection at $0.1156 twice since its capitulation
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