Dogecoin’s journey has been anything but smooth, and as we approach a new milestone—1,550 days below its all-time high—analyst VisionPulsed is keeping a cautious eye on the asset. The crypto expert highlights the ongoing "bearish forever" pattern, noting that even though a breakout may eventually happen, Dogecoin’s structural fragility remains evident.

VisionPulsed points out that Dogecoin has been consistently underperforming compared to other major cryptocurrencies, and while the macro outlook is shifting with liquidity-driven reversals, DOGE has yet to react. He draws attention to how Ethereum has been more sensitive to macroeconomic factors like global M2 money supply, but Dogecoin's sluggish response paints a different picture.

Despite all the caution, VisionPulsed is not ruling out the possibility of a rebound. He suggests Dogecoin may be in a choppy consolidation phase similar to previous cycles that ended on a positive note. If the price holds its current levels into mid-August, we could see some action, but any bullish outlook remains conditional.

For long-term targets, VisionPulsed sets a conservative range of \$0.90 to \$1.14 if the macro environment shifts in Dogecoin’s favor. However, for the true "moonboys" out there, he still sees a remote possibility of a run toward \$1.50 or even \$2. But don’t get too excited just yet—VisionPulsed warns that these higher targets are less likely and should be viewed with extreme caution.

The question remains: Will Dogecoin finally break its long stretch of underperformance, or will it continue to consolidate, waiting for the right moment to surge? Stay alert.

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