$DOGE Crypto traders point to a rare technical setup—echoing past explosive runs—as the potential trigger for another next-level Dogecoin surge

Dogecoin (DOGE) is flashing the same bullish setup that triggered massive rallies in 2017 and 2021, with the meme coin currently consolidating near $0.2376 as traders eye a potential breakout that could send prices soaring toward $0.82.

DOGE Price Shows Déjà Vu Pattern That Made Millionaires

Right now, DOGE is sitting pretty at $0.23765, up a solid 13.30% today, and something interesting is brewing on the charts. If you've been around crypto long enough, this setup might give you serious flashbacks.

The monthly chart is painting the same picture we've seen twice before – and both times, early investors made life-changing money. We're talking about those legendary runs where DOGE went absolutely ballistic, leaving traditional investors scratching their heads while the meme coin army celebrated.

Here's what's happening: Dogecoin keeps making higher lows while bumping its head against that stubborn descending trendline. It's like watching a coiled spring getting tighter and tighter. The pattern played out in 2014–2017, then again in 2017–2021, and now history might be rhyming once more.

Key DOGE Price Targets That Could Break the Internet

Every time DOGE smashed through that blue resistance line in the past, things got wild fast. We're not talking about gentle 20% moves here – we're talking parabolic moonshots that had people quitting their day jobs.

If the breakout happens, technical analysis points to $0.37 as the first major pit stop. But that's just the appetizer. The main course could be a run toward $0.82850, which would represent gains that'd make your portfolio very, very happy.

Of course, crypto being crypto, there's always a flip side. If DOGE can't hold that ascending support line (the dotted one on the chart), the whole setup could fizzle out faster than you can say "much wow."

The bottom line? With DOGE trading between $0.18864 and $0.24673 today, we're right at the make-or-break moment. As that viral tweet put it, pretty soon we might see "a lot of people talking about $DOGE" – and judging by history, that's usually when things get really interesting.

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