The Dogecoin (DOGE) Surge Setup Is Back — History About to Repeat?

Buckle up, meme coin riders—the chart pattern that catapulted Dogecoin to ludicrous speeds last time just reappeared. And the crypto markets? They’ve got the memory of a goldfish.

The Bullish Blueprint Returns

That same technical formation—the one that sent DOGE screaming past resistance levels like a Shiba Inu chasing treats—is flashing green again. Traders are dusting off their ‘To the Moon’ memes.

Why This Time Could Be Different (Or Not)

Market cap looks healthier, but let’s be real—this is Dogecoin we’re talking about. Fundamentals? Please. The coin runs on Elon tweets and collective nostalgia for 2021.

The Cynic’s Corner

Wall Street analysts are too busy calculating their 2-and-20 fees to notice. Meanwhile, retail traders are YOLO-ing into DOGE like it’s a leveraged NFT of a JPEG.

One thing’s certain: if this setup plays out like last time, the volatility will make your average altcoin look like a savings bond.

Dogecoin Brewing a New High? This Key Signal Says Yes

Dogecoin has long been suffering from bouts of low price progress and sluggish price performance. The token has been trading at a low price range of $0.16 and is unable to MOVE past critical barriers to explore new highs. In the middle of this, a leading analyst by the name of Trade Tardigrade on X predicted a bullish price prediction for Dogecoin, drawing analysis on how the token is flashing a major bullish indicator on its price chart.

Speaking about the signal in detail, Trade Tardigrade stated how dogecoin has lately been forming “falling wedges patterns repeatedly on its chart.” Historically, each falling wedge pattern has been accompanied by a major bullish price hike afterwards, showcasing a significant price momentum building for DOGE in the background.

#Dogecoin has been forming falling wedges repeatedly on support levels.
Each falling wedge has been followed by a decent bull run.$Doge/W1 pic.twitter.com/6I80YVWwfY

Short-Term Price Target for the Token

In addition to this, another key crypto analyst, Ali Martinez, has issued a short-term price target for Dogecoin. Per Martinez, DOGE can embrace a bullish breakout if it manages to cross the critical price level of $0.17. At present, the token is up 2%, sitting at $0.16, waiting for a direct push to help the token stabilize its price in the long run.

Speaking about the token’s next potential target, Martinez stated that crossing the $0.17 price level can help the token claim a new high of $0.21.

If Dogecoin $DOGE can reclaim $0.17 — and with the TD Sequential buy signal now present on the 3-day chart — it could unlock a rebound toward $0.21. pic.twitter.com/BkVgxNdihW