🚀 Dogecoin ($DOGE ) Market Update 🚀
📈 DOGE recently completed a 5-wave move up from the August 2nd low, almost touching the 61.8% Fibonacci extension.
📉 We’re now in a 3-wave pullback (ABC pattern) with the A-wave being a 5-wave move down.
🔹 Key Support Zone:
$0.2000 – $0.2170 → Critical to keep the uptrend alive.
Buyers likely to step in here if momentum returns.
🔹 B-Wave Resistance:
$0.2370 – $0.2480 → Needs a decisive breakout to confirm bottom.
A strong push above $0.2480 could indicate the next bullish leg has started.
🔹 Next Major Target if Breakout Holds:
$0.2866 → Swing high from July 21 & key structural resistance.
💡 Summary:
DOGE is consolidating after a strong rally. Watch the $0.20 support closely — losing it risks further downside, while reclaiming $0.2480 could open doors to $0.2866 and beyond.
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