DOGE has been on a massive run after huge exposure through out social media. Retail market drove price up to astronomical levels, which drove many high net worth individuals to buy in now.
Analysis :
Falling Wedge
Critical Support Cluster : 0.055 - 0.062
DOGE/USDT also looks to potentially complete its 5th impulse wave. If this occurrence happens we can see new highs & even seek further potential.
On weekly chart, possible were just going to wave 2, so this correction or pullback at 0.06 as you mention. Then wave 3 is bigger and stronger. I see easy 12-14 or more.
BigLava
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@WolvesOkami yes great observation. Thanks for your input 👌