Dogecoin has entered a new monthly ascending channel, a pattern reminiscent of past pre-surge periods that preceded significant price increases. Trading volume and whale accumulation are driving this upward trend. 2016 and 2020 saw similar patterns before major Dogecoin rallies. Analysts highlight the long-term structure of the cryptocurrency remains intact, marked by consistent higher lows and robust technical momentum. 327 million DOGE were accumulated in the past 24 hours, coinciding with a surge in trading volume as well as futures activity, suggesting growing market interest. This rising channel aligns with patterns observed in previous surges, serving as a consolidation phase before a breakout to greater heights.