🐕 $DOGE $2 in Sight as Legendary Fractal Plays Out Again! 🚀
Dogecoin’s cult-followed rally may be gearing up to hit the top of a multiyear rising wedge near $2. The $DOGE chart reveals a wide ascending wedge from $0.06 (late 2023) to $0.17 now, with resistance projected between $1.10 and $1.60 in the coming months. Currently trading at $0.2219 (+8.7%), $DOGE recently broke through a key internal trendline that stalled gains until mid-July 2025.
Traders are watching Fibonacci retracement and extension levels from the swing low at $0.0491 to swing high at $0.7605. After reclaiming the 0.382 retracement at $0.1399 and the $0.20 psychological level, $DOG is poised above the 0.50 zone ($0.1933), heading toward the golden ratio at 0.618 ($0.2671). Beyond that, key fib resistances line up at 0.702 ($0.3362), 0.786 ($0.4232), and 0.888 ($0.5596), with the full retracement at $0.7605 and the 1.272 extension near $1.60—the wedge ceiling.
A striking cyan fractal overlay mirrors DOGE’s explosive late-2024 leg, where the coin surged 439% after bouncing wedge support, breaking down-sloping resistance, retesting as support, and soaring to the wedge top.
After revisiting wedge support in late June, breaking the internal trendline in mid-July, and retesting it successfully this week, $DOGE looks set to sprint toward the 1.272 extension and wedge roof just above $1.60—if history rhymes.
Monthly RSI also hints bullish momentum as it eyes crossing above the 50–55 moving average—a move that preceded the last 439% rally in early 2024. Momentum has cooled but without oversold signals, suggesting DOG is building a strong base rather than topping out.
Stay tuned for the potential DOG rocket! 🚀