📅 As the European session ended on June 26, Dogecoin traded near $0.162. While daily fluctuations were minimal, it still surged over 13% from last Sunday's low! Behind the calm price movement, the market is in what YouTube analyst More Crypto Online calls a "wait-and-see" state—where the next move could be decisive.
💡 According to the analyst, the rally since the June 22 low isn't complete yet, currently only a three-wave pattern. The $0.15–$0.14 zone is a critical demand area, containing the 78.6% Fibonacci retracement of the May–June uptrend and slightly above the April cycle breakout point. It's now in an "ABC" recovery phase, with Wave 3 peaking at $0.169.
🚩 Here's the key! If Dogecoin forms a higher low in Wave 4 and completes Wave 5 near $0.174–$0.177, it would signal a new bullish trend. However, $0.158 is the floor: a break below suggests the upward reversal fails, risking a drop to $0.14. Holding this support and breaking above $0.17 resistance would be the first sign of a solid bottom.
⚠️ The stakes are high! Confirming the five-wave rally brings structured pullbacks, but failure could send Dogecoin back to June's wide range—even triggering a long-term downtrend.
📌 At press time, DOGE trades at $0.161. Its short-term fate depends on buyers pushing Wave 5 without breaking $0.158. Will Dogecoin soar or crash? Stay tuned! #DOGE
