🐕🚀 DOGE aims for $2: Will the legendary fractal repeat?
Dogecoin breaks its key internal resistance within a multi-year ascending wedge, a formation that already propelled a +439% rally in 2024.
📈 Technical keys:
Wedge support rises from $0.06 to $0.17.
Projected resistance between $1.10 and $1.60.
Currently at $0.2219, with next resistance at $0.2671 (Fib 0.618).
🔍 Why there is optimism:
Breakout of internal trend line after more than two years of stagnation.
Monthly RSI near bullish crossover with its moving average (historically a precursor to strong rises).
Fractal structure replicating the 2024 rally.
⚠️ Risks:
Rejection at $0.26–$0.33 could halt momentum.
An ascending wedge can also break down if it fails at critical resistances.
💬 Is DOGE ready to roar to $2 or will we see another correction before the jump?
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