๐๐จ $2 DOGE in Sight as Legendary Fractal Awakens ๐
Dogecoin โ the meme king loved by the internet โ could be gearing up for a massive sprint toward the $2 mark as a legendary multiyear fractal plays out again. ๐โจ
๐น Chart Setup: Over the past 2 years, DOGE has been climbing inside a wide magenta ascending wedge, with support rising from $0.06 (late 2023) to $0.17 now, and resistance projected between $1.10โ$1.60 in the coming months.
Currently at $0.2219 (+8.7%), DOGE has broken a key internal trend line that repeatedly capped rallies โ until mid-July 2025. โ ๐ฅ
๐น Fibonacci Roadmap:
๐ Recovered from 0.382 retracement ($0.1399) & key $0.20 support.
Hovering above 0.50 zone ($0.1933), aiming for the golden ratio 0.618 ($0.2671).
Next targets: 0.702 ($0.3362) โก 0.786 ($0.4232) โก 0.888 ($0.5596).
Full retrace: $0.7605, then 1.272 extension at $1.6017 โ aligning with wedge resistance. ๐ฏ๐
๐น The Fractal Factor: A cyan overlay mirrors DOGEโs late 2024 moonshot โ back then, DOGE pumped +439% after:
1๏ธโฃ Touching wedge support
2๏ธโฃ Breaking internal resistance
3๏ธโฃ Retesting as support
4๏ธโฃ Blasting to the wedge top ๐๐ฅ
This cycle is showing the same moves โ DOGE tapped wedge support in late June, broke the trend line in mid-July, and just retested it successfully. If history repeats, price could skyrocket toward $1.60+. ๐๐
๐น Monthly Outlook:
RSI is on track to cross above the 50โ55 MA โ last time this happened (early 2024), DOGE soared +439%. Momentum has cooled since, but never entered oversold territory โ hinting accumulation, not exhaustion. ๐๐ช
๐ Bottom Line: The stars โ and wedges โ are aligning. If this fractal plays out again, $2 DOGE isnโt a dreamโฆ itโs a target. ๐๐๐ฐ