$DOGE just completed a clean 5-wave impulsive structure

DOGE just completed a clean 5-wave impulsive structure on the 4H chart, peaking near 0.2704, and is now entering a corrective (ABC) phase.


The first leg of correction, wave (a), has extended down to 0.2429, aligning with the 1.160 Fibonacci extension, marking a potential local bottom.

Wave (b) retracement zones are likely between:
🔹 0.2534 (0.382 Fib)
🔹 0.2566 (0.5 Fib)
🔹 0.2599 (0.618 Fib)


If #DOGE finds strength at these retracement levels and forms a higher low, the next bullish impulse (wave (c)) could trigger a rebound toward 0.265 – 0.27 once again.

⚠️ However, if 0.2429 support fails, we might see a deeper correction toward 0.235 – 0.228 before any recovery.

This is a critical turning zone — bulls must hold 0.2429 to maintain momentum for the next wave up 🚀