The analysis focuses on DogeCoin, currently at $0.2061. It outlines two potential scenarios based on Elliot Wave Theory, acceleration and the possibility of a broader wave B. A key support zone is identified between $0.202 and $0.1654. A break above $0.2164 (50% retracement level) could signal renewed bullish momentum, potentially leading to a third wave up, targeting $0.28-$0.29. However, the analyst is cautious due to insufficient upside momentum and suggests that the recent low of around $0.19 might not be a reliable bottom. If the price reaches the 0.1623 bound it invalidate the bullish scenario.