Dogecoin has been acting a bit strange lately.

After moving sideways for several weeks, it suddenly jumped 6.5% last week, with the price climbing back to $0.136. The gain alone isn’t much, but both on-chain data and candlestick patterns are showing some early signs—something might be brewing.

**Here's an interesting discovery:** Some traders dug up DOGE’s price action from 2014 to now and found a weird pattern. The last two cycles were almost copy-paste: long sideways movement → slow breakout → sudden explosive rally. The second cycle pushed the price straight to $0.7. Now? The chart is forming the third round.

If this playbook really repeats, $1 isn't a dream, and it could even touch $1.5–$1.7. Of course, "if" is the key word here.

**The technicals are even more direct.** On the weekly chart, there’s a standard cup-and-handle pattern forming—which has a pretty high success rate in traditional trading and usually signals a long-awaited breakout. The cup is the multi-year bottoming process, and the handle is the recent period of low-volume consolidation.

**Two numbers to keep an eye on:**
- $0.08 is the make-or-break line; if it falls below, it's basically game over
- $0.20 is the trigger point; a breakout there could launch a major uptrend

DOGE is currently oscillating between these levels, with the Bollinger Bands narrowing and RSI flatlining. This kind of setup is either building up for a big move or about to fizzle out.

Here's another detail worth noting: institutions are starting to move. Reportedly, Grayscale has included DOGE in its product pool for the first time. The size isn’t huge yet, but the signal is more important—traditional capital is starting to take this “meme coin” seriously.

The next few weeks could be critical.