Saad Ullah
⬤ Dogecoin may be gearing up for something big after months of sideways action. Technical analysis suggests that when DOGE pumps hard, it's often a signal that alt season is coming—and right now, the setup looks like it could be ready for a parabolic move. Traders are watching closely to see if the meme coin can spark the next wave of altcoin momentum.
⬤ The chart shows DOGE forming a massive falling wedge that started after its late-2024 peak and has been tightening throughout 2025. The price is now hovering near the wedge's apex around $0.17. These patterns typically signal weakening selling pressure and often lead to strong bullish reversals once they break out.
⬤ If DOGE breaks convincingly above the $0.20 resistance zone, the projected path points to mid-targets around $0.30–$0.35, with a potential extended rally toward $0.70–$0.75 by mid-2026. That would represent a gain of over 300% from current levels—if the momentum plays out as charted.
⬤ Of course, there are risks. If DOGE fails to hold support within the wedge, the bullish setup could fall apart and trigger a drop toward $0.15 or lower. Meme coins are notoriously volatile and driven more by hype and sentiment than fundamentals, so tight risk management is essential for anyone trading this pattern.
⬤ Historically, DOGE's explosive rallies have marked the beginning of "alt seasons," when money flows from Bitcoin into smaller-cap coins. If this wedge breakout succeeds, it could act as a broader catalyst for the crypto market, reviving risk appetite across the board. For now, traders are watching to see if the long-quiet meme coin can ignite another rally—and maybe even make a run at that mythical $1 level.
Saad Ullah
