Technical analysis by mukit1 about Symbol DOGE on 7/7/2025

The recent price action from end of June low is creeping up but not a very impulsive way. The drop from May high is in a 5 waves move. That makes things a bit open to interpretation. 5 waves move can both start or end a sequence. So, the question is, if the correction over already or if Doge is heading for another sharp move down. If the later, then we should expect price to drop in another 5 waves move down to 11c - 9c area. right below wave A, 13c area. If that happens, then it will be a solid buy for me. In no circumstances, price can fall below primary wave 4, 5.6c. If that happens then a much bigger primary wave 4 would be in progress and we should expect price to fall below 3c. If the correction is over and Doge is heading towards $1, then we should see the pullback very soon and sharp move above 26c. Price cannot break the 14c low. Only above wave B we can confidently say that the correction is over, and Doge is going towards $1. At the moment, still in a no man's land.