DOGE: Capitulation May Still Be AheadDogecoin / TetherUSBINANCE:DOGEUSDTINNERVECTOROn both the monthly and weekly timeframes, DOGE still appears to be following a completed 5-wave Elliott impulse from the 2020–2021 cycle, followed by an ABC corrective structure. I expect a significant correction across the entire crypto market. In my view, the market has not yet gone through a true capitulation phase, while the majority of participants still expect the broader bull cycle to continue. Within this count: Wave A formed the first major decline after the all-time high; Wave B produced a substantial corrective rebound; The current price action may represent the development of the final Wave C. The most important observation is that the low of Wave A has not yet been broken. Historically, a final Wave C often takes out the previous low, especially in highly volatile assets such as DOGE. An additional argument comes from the 0.618 Fibonacci retracement of the entire 2020–2021 bull market. This area aligns with my primary downside target and could become the final capitulation zone before a long-term bottom is established. Key scenario: ✔️ Continuation of Wave C lower ✔️ Break below the Wave A low ✔️ Test of the 0.618 Fibonacci zone (~$0.02–$0.03) ✔️ Formation of a long-term base for the next market cycle