After we saw the expected triangle breakout back in mid 2024, Dogecoin has been rallying about +500% and is now retesting the previous all time highs. Following the overall crypto bullishness, a breakout is very likely which will then be followed by a second parabolic rally.
Higher timeframe structure is just perfectly playing out once again after Dogecoin perfectly retested and now rejected the major previous horizontal level. With such a bullish move, it is quite likely that we will eventually also break above the previous all time high resistance.