🚀 Dogecoin ($DOGE ) Market Update
Current Structure: Tracking an ABC corrective pattern to the upside.
Wave Count:
Wave 1: Three-wave move up ✅
Wave 2: Three-wave move down ✅
Wave 3: Three-wave move up ✅
Wave 4: Pullback ✅
Wave 5: Final push possible 🔄
📊 Key Levels:
Potential Wave 5 Target: $0.26 (61.8% Fibonacci extension of Waves 1–3).
Major Resistance: $0.286–$0.287 (swing high from July 21).
Bullish Support Zone: Above $0.20 — holding this level keeps bullish scenario valid.
Post-Wave A Pullback: Expected B-wave correction with a higher low formation before next breakout attempt.
📈 Bullish Scenario:
If DOGE reaches $0.26 and holds $0.20 support, the next move could break above $0.287, opening path toward higher C-wave targets.
C-waves on DOGE can be more aggressive than on many other charts, so sharp upside moves are possible.
⚠️ Note: Pattern is an ending diagonal, meaning price swings can be choppy and require flexibility in short-term interpretation.