$DOGE is currently getting a bit of a bounce. On the weekly chart we continue to hold support for the Elliot wave 2 between $0.12920 -$0.33, which is the yellow target area.
There is a high chance that the low for the wave 2 is in a rally in wave 3 is now imminent taking us to new highs.
From the lows at 0.13, I am tracking an Elliot wave 1, a pullback in wave 2 and the current move should be a wave 3.
Targets for the wave 3 lie on the fib level 1.618 at $0.18060. That is my next breakout target that we can hit in the coming hours. Then expect a wave 4 pullback then a rally in wave 5 getting us back above $0.20.
