Technical analysis by mukit1 about Symbol DOGE on 9/13/2025

Doge is coming up on a resistance, making local higher high as RSI is still a lower high. So far, the structure looks to be a 3 wave move. The 5 waves move seems to be a part of a bigger 3 waves move, making it very difficult to count as an impulse overall. Hense the idea of an ending diagonal. Ending diagonals can form a structure over a very long period and it is almost impossible to identify until it is almost over. So, this idea will be something I will be tracking closely but, still not the primary idea. For now, overall markets are getting frothy, and a correction seems to be imminent. At this moment, having a true breakout to push RSI higher seems to be less probable, but not impossible. So, if price starts to retrace over the next 2-4 weeks, it might be the B wave before the yearend rally to complete C of 3. It could also be a leading diagonal to a wave 1 of 5, but we can talk about that down the road depending on the macro landscape.