- DOGE’s price shows clear cycles of accumulation and breakout, with rounded bottoms repeatedly triggering strong upward moves.
- Liquidity clusters at $the 0.189 and $0.1995 mark key resistance zones where leveraged trades could drive the next major price swing.
- DOGE surged over 1,000% in 17 months, and current chart patterns suggest another rally could be forming from recent support levels.
Dogecoin’s price action from early 2024 to mid-2025 reflects a repeating bullish pattern across major market cycles. Market Maestro Trader Tardigrade believes the asset could be setting up for another explosive move.
Repeating Price Structures Support Strong Upside Potential
Dogecoin’s 3-day chart displays a structured pattern of consolidation, breakout, and reversal across multiple timeframes. The asset has moved in defined ranges and rounded formations, indicating cyclical market behavior tied to accumulation and liquidation dynamics.
<embed> https://x.com/TATrader_Alan/status/1932044030575247638 <embed/>
As we can see from the post above, one bullish market maestro, Trader Tardigrade, has presented a detailed analysis of Dogecoin’s long-term trend. He outlines three technical phases in DOGE’s performance: accumulation, breakout, and rounded top reversal, starting from February 2024. Based on his findings, the price initially ranged between $0.095 and $0.165 before forming a rounded top and declining in June 2024.
From there, DOGE returned to an accumulation range near $0.115, where it began forming bullish reversal bases. The analyst points out that these rounded bottoms, illustrated by multiple arrows, signaled trend continuation. Then, in October 2024, the token broke through resistance, hitting $0.45 by December in a sharp upward rally.
That said, DOGE soon printed another rounded top by February 2025 and dropped toward the $0.165–$0.19 area. He emphasizes how new reversal formations appeared again, first marked by pink arrows, then green, around the $0.135 low. This zone provided the foundation for DOGE’s climb past $0.25.
Following this, the token crossed the $0.31 threshold in May 2025 and surged beyond $0.83 by mid-July. This analysis confirms a price increase of more than 1,000% over 17 months. Altogether, the price structure reveals disciplined cycles and high-probability reversal setups.
Heatmap Data Pinpoints High-Risk Zones
Tardigrade also explores DOGE’s liquidation heatmap, revealing two major liquidity clusters near $0.189 and $0.1995. The chart displays $2.46 billion at $0.189 and another $2.14 billion at $0.1995, highlighting critical resistance points.
<embed> https://x.com/TATrader_Alan/status/1932056863702741095 <embed/>
Notably, DOGE interacted with these price bands several times between June 3 and June 9. The analyst notes that $0.20 remains a ceiling, as the price failed to close above it repeatedly. Furthermore, the region around $0.175–$0.18 shows lower leveraged exposure, supporting smoother market movement.
Altogether, Trader Tardigrade believes the buildup of institutional pressure near these levels could fuel DOGE’s next significant breakout.
