#Dogecoin #Crypto #Fibonacci #WaveAnalysis #PriceAction
Less than two days after Dogecoin hit its local low of around $0.163 on May 6, MCO highlighted how the price movement continues to align with the fourth-wave Fibonacci retracement he previously charted. He pointed out that Dogecoin maintained strong support in the $0.155 to $0.168 range — a classic Fibonacci zone for wave four corrections. According to MCO, the recent rebound has already met the essential criteria needed to kickstart a potential fifth wave upward.
