🚀 Dogecoin Breakout: Is Wave 3 Already Unfolding?

Dogecoin ($DOGE ) has just given us one of the most promising signals in weeks — a breakout from the wedge pattern to the upside. This move could mark the beginning of a much larger rally, potentially confirming that a major low is already in place.

📌 Let’s break it down step by step:

🔑 Key Takeaways

Wave 2 bottomed in August (2nd August low).

Another possible low formed in September, reinforcing the bullish structure.

$DOGE may now be unfolding into Wave 3, which often carries the strongest upside momentum.

Initial target zone: $0.277 – $0.334 (based on Fibonacci projections).

Macro target for Wave 3: $0.45 – $0.50+.

📈 Elliott Wave Structure in Play

The current idea is that we’re working on an ABC structure within Wave A of 3.

An A-wave can unfold as either an ABC or a five-wave move — both remain valid.

Once price reaches the $0.277 – $0.334 zone, we’ll watch for a B-wave pullback before tracking the C-wave higher.