$DOGE
🚨DOGE Price Fractal Pattern Resembles 2023 Breakout Structure🚨
Another key observation is the similarity between DOGE price action and the setup seen in late 2023. During that time, Dogecoin price formed a falling wedge pattern, followed by a brief consolidation phase before surging toward the $0.45–$0.60 range. The present chart showed a nearly identical structure, with a triangle formation and consolidation zone now in place.
Notably, this repeating pattern, known in technical analysis as a fractal, is where similar formations reappear under similar conditions. The chart outlined resistance and support dots in nearly identical locations, suggesting that price behavior may follow the earlier trajectory. If this repetition continues, DOGE may be setting up for a sustained move beyond $0.60 soon.
