The monthly chart of Dogecoin shows a recurring pattern: a prolonged consolidation followed by a significant surge. The current price trend indicates that it may be in the late stages of forming a rounded bottom. Meanwhile, the weekly momentum indicator has fallen below a key threshold, a signal that historically often coincides with important cycle lows. Although this pattern suggests that a macro bottom may be imminent, Dogecoin needs to sustain a breakout above its current bottom resistance to achieve a true breakthrough.