As the market hesitates, DOGE is quietly replaying the script of a strong historical rise. The weekly and monthly charts are both giving bullish signals: after each slight rise and consolidation, a parabolic surge follows. The current price is again resting on a key trend line, forming a foundational pattern identical to past explosive phases!
Technical charts are all signaling good news:
DOGE's monthly chart shows that since 2015, this pattern of reversing from a major low to a long-term rise has proven effective time and again. Currently, the green trend line has firmly held higher lows, indicating that a strong counterattack is about to begin. If this historical rhythm continues, 1 USD may just be the prologue to a new cycle, with a long-term target aimed at 10 USD!
The derivatives market is sending positive signals:
Options trading volume surged by 184.15%, while open contracts skyrocketed by 64.75%, indicating a high level of market speculation. Although overall leverage has decreased, the long-short ratio on mainstream exchanges has significantly favored the bulls: reaching 3.64, with top traders on exchanges exceeding 3.0! This suggests that the market is secretly building up for a potentially game-changing big trend.
While everyone is still watching, the true brave ones have already begun to lay out their strategies! If you believe in the power of trends, now is the golden window to pay attention to DOGE! Don't wait until the bull market surges to chase high prices, as smart money has already been quietly gathering.
