Dogecoin Returns to Historical Accumulation Zone: Preparing for a New Strong Rise?

Dogecoin – the prominent meme coin of the cryptocurrency market – has returned to a historically significant accumulation zone, where strong bullish rallies began in the past. This move is drawing attention from technical analysts, as many signals suggest that a new bullish cycle may be forming. Historical Accumulation Zone: Opportunity or Psychological Trap? According to analyst Ali Martinez, the long-term logarithmic chart of DOGE shows that this coin has returned to the bottom zone of the bullish channel that has existed since 2015. Specifically: The price zone of $0.15 – $0.22 has served as a "technical floor" in many previous cycles. In this area, Dogecoin often accumulates for a long time before entering bullish phases ranging from 900% to 13,000%. A clear example is in 2021 when DOGE surged strongly from the accumulation zone and reached its historical peak of $0.7335.

The return of Dogecoin to this price zone is seen as a signal for the possibility of repeating a multi-year technical structure, which has previously created FOMO waves and strong breakthroughs. Near Target: Central Resistance Zone $0.73 Based on the analysis of the logarithmic growth channel, the median price channel currently lies at the zone $0.73, which is an important resistance point in previous cycles. This was once the breakout zone during the bullish trend of 2021. If DOGE continues to maintain above the Accumulation zone and trading volume increases, the possibility of reaching $0.73 is completely feasible. The chart shows that DOGE has formed four higher lows in this zone – indicating that buying pressure is increasing in the undervalued area. Resistance Zone: Maximum Cycle Value $2.30 – $3.00 In the event that Dogecoin continues to adhere to the logarithmic price channel and breaks through the midline $0.73: The peak zone of the current price channel is between $2.30 and $3.00 – corresponding to an increase of over 1000% when calculated from the current price. This is an area that was previously reached during the cycles of 2017 and 2021, after DOGE confirmed the breakout of the midpoint of the price channel. However, to reach this level, Dogecoin needs support from the overall market, especially Bitcoin and Ethereum in the bullish trend. Short-Term Bullish Signal: Breakout in Lower Time Frame

In addition to the long-term signal, technical analysis on TATrader_Alan's hourly chart shows that DOGE has broken through the short-term downtrend line, forming a new structure: A higher high pattern has appeared (HH) – a sign of a short-term reversal. If a higher low (HL) is formed next, DOGE is likely to confirm a bullish trend in the short term. The near target is $0.24 and then a small resistance zone at $0.255. Market Psychology & Momentum The factors supporting the current bullish trend of Dogecoin include: MACD crossover – bullish momentum signal. Double bottom (double bottom) – indicates a strong support zone. Accumulation from whales (whales) – reflects long-term confidence. With a current market capitalization of approximately $35.58 billion and a daily trading volume of 2.27 billion USD, DOGE is proving its ability to draw attention in the context of a recovering market. Conclusion: Dogecoin – Still a Worthy Gamble? Based on historical data, technical charts, and market sentiment, Dogecoin is at a critical threshold. The return to the accumulation zone that previously generated increases of thousands of percent cannot be taken lightly. However, as in previous times, the factors of patience and risk management will determine success. If the cycle repeats, a bullish increase of 600% to 1000% is feasible – but nothing is guaranteed as the crypto market is always highly volatile. Monitor the zone $0.22 – $0.255, if the price clearly breaks and maintains, the next signal is $0.60 – $0.73. This will be the gateway for the journey to reach $1 and beyond.