Dogecoin is entering its strongest bullish phase — This is what it means for the price

Dogecoin may be preparing for another explosive bullish rally. Upon closer examination of its long term price chart, we see a pattern that has repeated multiple times since 2014. Each time this structure completes, DOGE continues to deliver significant growth, and following the latest breakout, it seems that this is happening again. The chart highlights three distinct phases in the price behavior of Dogecoin, showing how each bullish cycle begins and develops. Currently, every indication points to the start of the final and most exciting phase. DOGE price and the Strength Model of 3 In the post, technical analyst Trader Tardigrade illustrated a recurring setup in the chart of Dogecoin. This setup seems to identify three phases that the price of DOGE follows before each major bullish run. Phase 1 is marked by long accumulation stages. This is where Dogecoin trades sideways or gradually trends down, often sitting below the descending resistance line. These stages can last for many months or even years, with lower highs and less hype around the meme coin.

Phase 2 will take place next. In this phase, DOGE begins to show signs of life. It breaks away from the downtrend and eventually flips the horizontal resistance level into support. This phase does not explode immediately, but it is an important change that lays the foundation for what happens next. Phase 3 is the phase that everyone is waiting for. That is when Dogecoin enters full expansion mode. When the price surpasses both the diagonal and horizontal barriers, momentum will begin. Previous moments of phase 3 have led to rapid and strong spikes in the price of DOGE. The price of Dogecoin may enter phase 3 again. Currently, the chart shows that Dogecoin has completed phase 2. It has broken out of the long term bearish trend and surpassed the horizontal resistance level near $0.20 to $0.25. This is exactly how previous bullish runs began. If this pattern continues to hold, Dogecoin may be entering a new phase 3, similar to the explosive phase that has driven it up in previous market cycles. The green trajectory drawn on the chart indicates that DOGE may be heading towards a new all-time high. That is why the phrase "Let's take $Doge to phase 3" is booming; it is not just a rallying cry, but also a technical signal. Dogecoin has always been a meme coin that surprises people when they least expect it. With historical patterns repeating and a potential phase 3 about to happen again, the next move could be significant. Whether you are a long-term holder or just watching from the sidelines, closely monitoring what happens next could be very worthwhile.