Dogecoin down 30%, mirrors 2021 structure: Prepare for a potential…

Watch out! DOGE may be setting up for its next big leg.

• DOGE is mirroring the patterns seen in the last two cycles, both of which preceded major rallies. 
• Could this be the groundwork for its next breakout?

Dogecoin [DOGE] is quietly echoing its past playbook. 

While the price is still miles away from its 2021 breakout highs, and down around 30% from just a month ago, the bigger picture looks familiar.

In both the 2016–17 and 2020–21 cycles, DOGE chopped sideways for about a year before launching into massive rallies.

We’re talking 5,000% in 2017 and a ridiculous 21,000% in 2021. It’s not doing that yet, but the setup feels similar.