🪙💡Update #DOGE# :

1. support:
$0.33 (former resistance level).
$0.30 (psychologically important area).

2. resistance:
$0.47 to $0.50 (upper range of the current surge).

A breakthrough above $0.50 would confirm the potential for new highs.
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Fibonacci analysis:

1. Retracement level:
$0.38 to $0.40 as a short-term support zone.

Pullbacks to 50% Fibonacci ($0.33) could provide a good entry opportunity.

2nd Projection for Wave 5:
Price targets could be in the range of $0.55 to $0.60, depending on market dynamics.
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Current Phase:

DOGE seems to be currently in wave 5, with the movement not yet completed. A pullback within the current week to $0.38 could represent a consolidation before the movement continues.
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Conclusion:

Short-term: DOGE shows a healthy consolidation after a strong impulse. As long as $0.33 is not breached, the bullish scenario remains intact.

Long term: The target for Wave 5 is $0.55 to $0.60.

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