Dogecoin’s weekly chart is displaying a recurring pattern of small price increases followed by larger surges. This formation has gained attention from analysts who believe this could lead to a significant rally, potentially pushing DOGE towards the $1 mark. The meme coin currently trades at $0.1741, and recent increases in both trading volume and whale accumulation suggest a potential breakout. 24.98 billion DOGE are held by whales, indicating strong investor confidence amidst market corrections. A bullish rounding bottom pattern has emerged since December 2024, with analysts predicting a price surge of up to 84% if the neckline resistance at $0.23 is broken. The Money Flow Index (MFI) indicates rising buying pressure exceeding the 50 level, while the Average Directional Index (ADX) shows a downward trend. Furthermore, Fibonacci retracement levels are being tested, with Dogecoin dropping below the 0.618 support at $0.178 and heading toward the 0.786 level at $0.158 before potentially finding support at $0.13. If the price breaks above the resistance at $0.213 with strong volume, it could signal a stronger upward trend.