$DOGE Completing Wave 5 – Final Leg Down Before Reversal?

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$DOGE Completing Wave 5 – Final Leg Down Before Reversal?Dogecoin / TetherUSBINANCE:DOGEUSDTSmartWedgeTraderDOGEUSDT DOGE Completing Wave 5 – Final Leg Down Before Reversal? πŸ“‰πŸΆ Expected path for the cryptocurrency #DOGEUSDT πŸ‡ΊπŸ‡Έ on the 1-hour timeframe Final push lower anticipated Price has been unfolding a clear five-wave impulsive decline, with wave 3 already delivering the strongest move and wave 4 forming a corrective bounce in a complex structure. We are now likely in the final sub-waves of wave 5, which appears to be developing as an ending diagonal or extended leg targeting the 0.618 – 0.618 Fibonacci confluence zone around 0.09326 – 0.09452. πŸ“‰ The current price action shows a zigzag correction (W-X-Y) within wave 4, followed by the start of wave 5 pushing toward the lower boundary. This final wave often exhausts sellers and sets the stage for a significant reversal once the structure completes. πŸ’‘ Key levels to watch: - Breakdown below 0.09452 would confirm wave 5 completion and open the door for a strong bullish recovery (potential wave (2) or larger-degree bounce). - A failure to hold above 0.08900 – 0.09000 invalidates the immediate bearish count and suggests an earlier bottom formation. 🎯 If wave 5 completes near the projected target, expect buyers to step in aggressively, targeting a retracement toward 0.098 – 0.100+ in the coming sessions. Patience during the final decline could reward contrarian longs. πŸ‚ #DogeCoin #DOGE #DOGEUSDT #Crypto #ElliottWave #MemeCoin #SmartWedgeTrader #TradingView #WaveAnalysis #ToTheMoon #DogeArmy #CryptoTrading