On the monthly timeframe, Dogecoin is developing recurring unite patterns near past cycles’ maximum values.
Price movements during the previous 2017 breakout followed a matching pattern as it formed rounded bases before it surpassed resistance levels.
The same pattern has formed in present times as price created multiple rounded bottoms and a resistance rejection.
An explosion could break through resistance levels in line with its 2017 historical structure.
During the previous breakout phase, DOGE saw both a period of consolidation and quick price growth.
Price discovery could begin when confirmation occurs for a breakout above the red resistance line through which it could reach previous highs.
DOGE/USD monthly chart | Source: X
The pattern indicated that Dogecoin could likely see extended sideways movement or face resistance unless past events recreate similar conditions.
The resistance area stands as a powerful barrier that may force a new round of support testing
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