#DOGE Analysis UPDATE! 💥
Market setup: a key breakout path ahead
The July swing high is the next milestone to watch. If price moves beyond that level, the trajectory would be a symmetrical extension equal in size to the correction from the July high down to the retest of the broken diagonal resistance.
If the price climbs above the yearly open and reaches the middle portion of the overall move, it’s likely to test the longer diagonal resistance tied to the 2021 highs. That resistance sits around 0.4269.
A daily close above 0.4269 would set the stage for a rapid advance toward the previous highs.
A true bull market would be confirmed only once new highs are decisively breached.