⬤ Dogecoin remains bullish on the macro timeframe, with the weekly chart showing a consistent long-term uptrend structure. The latest price action reflects a renewed upside move following an extended consolidation phase, and the broader technical structure continues to favor bullish conditions.
⬤ The chart highlights several historical periods where Dogecoin moved sideways within defined ranges before transitioning into strong upward expansions. These consolidation zones appear multiple times across the macro chart and are consistently followed by sharp advances once price exits the range. The most recent structure mirrors these earlier phases, reinforcing the recurring nature of Dogecoin's long-term price behavior.
⬤ Dogecoin has accelerated higher after completing its latest consolidation, pushing price into a steep upward move. This vertical advance stands out compared with the slower, rounded accumulation patterns that preceded it. The sequence of consolidation followed by expansion remains consistent with prior cycles visible on the weekly timeframe.
⬤ The continuation of this bullish macro structure reflects sustained long-term momentum rather than short-term volatility. Dogecoin's ability to maintain higher price levels after prolonged consolidation phases often signals broader strength in market participation, and the current weekly setup suggests that the prevailing trend remains intact as long as the long-term structure holds.
Eseandre Mordi
Eseandre Mordi