Usman Salis
Dogecoin holders might want to pay attention. The meme coin that's made millionaires is flashing the same signals that preceded its legendary runs to $0.85. If the pattern holds true, we could be witnessing the calm before another crypto storm.
DOGE Price Shows Classic Breakout Setup
Dogecoin is currently trading around $0.2158, but don't let that modest price fool you. The chart tells a much more exciting story—one that seasoned DOGE traders know by heart.
The pattern is almost textbook: Accumulation ➝ Higher Lows ➝ Explosive Breakouts. It's the same cycle that's played out multiple times before, each time launching DOGE into parabolic territory. Previous runs have taken the coin as high as $0.85, and the current setup looks eerily similar.
What's got traders buzzing is how cleanly these higher highs (HH) and higher lows (HL) are forming. In crypto, when you see this kind of structured buildup, it usually means something big is brewing underneath the surface.
DOGE Accumulation Phase Points to Major Move
Here's where it gets interesting: those accumulation zones aren't just random sideways action. They're loading phases where smart money quietly builds positions before the next leg up. And right now, DOGE appears to be in the final stages of one of these accumulation cycles.
The technical structure is giving off serious déjà vu vibes. Each time DOGE has formed this pattern in the past, it's been followed by those face-melting parabolic rallies that crypto legends are made of.
Recent social media chatter from crypto analysts suggests this setup is too clean to ignore. The combination of technical signals and growing community hype is creating the perfect storm for another potential moonshot beyond that $0.85 resistance level.
Of course, crypto being crypto, there's always volatility to consider. But for DOGE faithful who've seen this movie before, the current pattern feels like the beginning of another wild ride.
Usman Salis
