#Doge
๐๐๐ $1 ๐ฟ๐ค๐๐๐๐ค๐๐ฃ ๐ฟ๐ง๐๐๐ข ๐๐จ ๐ผ๐ก๐๐ซ๐: ๐พ๐๐๐ง๐ฉ๐๐จ๐ฉ ๐๐๐ฎ๐จ ๐๐ช๐ฉ ๐๐๐ง๐๐๐ค๐ก๐๐ ๐๐๐๐ฃ๐๐ง๐๐ค
The improbable $1 price target for Dogecoin has returned to the spotlight after independent crypto analyst Cantonese Cat (@cantonmeow) shared a bold new Ichimoku-based projection on July 3. In a chart posted to X, the analyst outlined a parabolic price trajectory for DOGE using 2-week candles, suggesting that the memecoin could begin an explosive ascent in late 2025, eventually reaching the symbolic one-dollar mark.
The projection rests on DOGEโs ability to maintain current bullish structure above the
Ichimoku cloud, with a brief retest later this year during liftoff. โDOGE 2-week candles, Ichimoku cloud shown. Why am I buying doge? Because Iโm delusional and this is what Iโm thinking,โ the trader wrote, pairing tongue-in-cheek self-awareness with conviction in a longer-term breakout scenario
At the time of the chartโs publication, Dogecoin was trading at $0.172, up nearly 14% on the fortnight. The price action shows a clean bounce off the top of the green Ichimoku cloud, suggesting that DOGE is holding bullish structure on a high timeframe, a key technical criterion in Ichimoku trend-following theory.
The Ichimoku Cloud (Kumo) on the 2-week timeframe, calculated with the traditional 9/26/52/26 settings, shows the Leading Span A (Senkou A) currently above Leading Span B (Senkou B), forming a green cloudโindicative of a bullish trend outlook. DOGEโs price is above the cloud, which acts as dynamic support.
The analystโs hand-drawn black curve on the chart begins near $0.17 and initially curves downward, touching the upper boundary of the Kumo in the near future, likely near the $0.15โ0.16 zone. This suggests an expected retest of the cloud support, a common setup in trend continuation trades. Rather than projecting a breakdown, the curve depicts this contact as a springboard for a rapid vertical rally