$DOGE Dogecoin is down ~7% this week and just shed another 5% in the last 24 hours, currently sitting around $0.14. Short-term pain? Yes. Long-term setup still intact? ABSOLUTELY.
Here’s what the charts are screaming right now:
1️⃣ Multi-Year Symmetrical Triangle + Cup & Handle
Since the 2021 ATH, DOGE has been coiling inside a massive symmetrical triangle. We’re once again bouncing off the lower trendline that has held EVERY major correction.
A gigantic Cup & Handle is also completing. The cup is done, the handle is forming with these shallow pullbacks. This drop? Healthy reset, nothing more.
2️⃣ $0.50 Is the Line in the Sand
Clean weekly close above $0.48–$0.50 = Cup & Handle confirmed
Measured move target: $1.88
Next zones: $0.72–$0.88 → $1.80–$2.20
Supercycle euphoria scenario: $4–$6+ still on the table
3️⃣ Indicators Are Lining Up Exactly Like 2021
RSI on higher timeframes back to neutral 50 (same level that launched the 2021 moonshot)
Weekly & monthly MACD about to flip bullish
Low volume = accumulation, not distribution
4️⃣ 4H Inverse Head & Shoulders in Play
Popular trader @TAtrader_Alan just flagged a textbook inverse H&S. Neckline break = fireworks. Selling pressure is dying, buyers are stepping in.
Real-World Adoption Heating Up 🔥
Argentina now accepts DOGE for certain tax payments (huge legitimacy boost)
Alternative Airlines lets you book flights with Dogecoin
Meme coin → actual payment rail. This is the narrative shift we’ve been waiting for.
Bottom line:
Yes, DOGE looks ugly right now. That’s exactly when the biggest moves are born.
One decisive breakout above $0.50 and the entire structure flips ultra-bullish. $1.88 becomes the base case, not the moonshot.
Who’s stacking the dip before the next leg up? 👇
#Dogecoin #DOGE #Crypto #Altseason #ToTheMoon🌕✨
