Technical analysis by Dogeolak about Symbol DOGE on 8/16/2025

This chart displays Dogecoin (DOGE/USDT) on a weekly timeframe, highlighting its long-term price trend within an ascending channel since 2014. Key historical breakout levels are marked (e.g., $0.00002, $0.002, $0.02, $0.20, $2, and a projected $20 target), showing the repeating exponential growth cycles. The chart is overlaid with support and resistance zones, Fibonacci-like levels, and trend channels (1.0, 1.1, 1.2, 1.5). Vertical dotted and dashed lines mark important cycle dates and potential turning points. Current price action is consolidating near $0.23, with future targets extending to $2 and potentially $20 if the channel pattern continues.