$DOGE COIN TO $1? CHARTS WHISPER A HISTORIC MOVE AHEAD ๐ถ๐
Is Dogecoin lining up for its most explosive breakout yet?
A stunning pattern spotted on the weekly chart has traders buzzing โ and itโs not just meme hype. The setup resembles previous parabolic runs that sent DOGE soaring, and this time, the target could be the long-awaited $1 mark.
๐ Weekly Chart: Pattern Repeats Itself
In early 2024, $DOGE launched from consolidation to $0.22
Months later, it climbed again to $0.45
Both moves came from the same formation: pullback โ accumulation โ explosive lift
That same pattern is now forming again.
๐ง According to Trader Tardigrade, $DOGE is repeating its historical breakout behavior. If the sequence holds, this could be the final launchpad toward $1.
๐ Monthly Structure Confirms the Bigger Picture The macro view supports this thesis โ three major DOGE cycles have all started the same way:
โ Prolonged stagnation
โ Quiet accumulation
โ Massive vertical breakout
We may be entering phase three.
โ ๏ธ BUTโฆ Caution on Volume & Derivatives Despite the technical setup, there are warning signs:
๐ป Trading volume has dropped 17.95%, now at $3.91B
๐ป Open interest is down to $2.06B, hinting at waning leverage
These signals mean fewer degens, more caution โ and possibly, smart money accumulating silently.
๐ DOGEUSDT Perpetuals Price: 0.1774
Change: +1.71%
Will DOGE make history again? Or is the $1 dream still just that โ a dream?