Dogecoin Daily Chart | Elliott Wave AnalysisDogecoin / U. S. DollarKRAKEN:DOGEUSDMehdi_Abbasi_EWP At this stage, both the aggressive and conservative scenarios remain valid. Only future price action will determine which path the market ultimately chooses. Aggressive Scenario In the aggressive scenario, there is still a possibility that the market is developing a three-wave correction that could eventually evolve into a Double Three (W-X-Y) corrective structure. Under this interpretation, the previous decline can be viewed as Wave W, followed by the recovery that formed Wave X. The current decline may represent only the initial phase of Wave Y, having already reached its most conservative target. From here, the market may develop either a smaller corrective pattern or a more complex corrective structure around the current region or slightly lower. Ultimately, price action and the development of the following waves will determine whether Wave Y continues to unfold or whether the correction has already reached completion. Conservative Scenario In the conservative scenario, Wave X is interpreted as an Extended Leading Diagonal. In addition, the most recent three-wave advance currently displays the characteristics of a classic Zigzag, a structure that could mark the beginning of the next move in the direction of the larger trend. If this interpretation proves to be correct, the correction may have already reached completion, allowing the market to gradually transition into the next bullish phase. However, as always, confirmation will only come through a breakout from the corrective structure, the ability of price to hold above the breakout level, and the development of a valid bullish pattern. At this stage, neither scenario should be treated as certain. The market itself will determine the correct path. Until then, the structure, invalidation levels, and future price action remain our most reliable guide. Patterns whisper. I listen. — Mr. Nobody | Elliott Wave Principle Dogecoin 2 days ago Dogecoin (DOGE/USD) — A Long-Term Elliott Wave Perspective Dogecoin 2 days ago Dogecoin — The Structure of a Potential Golden Era