Dogecoin (DOGE) is flashing a high-stakes setup as price compresses at a key macro support, with market structure now pointing toward a potential Wave 5 expansion, the phase historically linked with the most aggressive rallies.
Immediate resistance is seen near the $0.10–$0.11 range, which has capped recent upside attempts. A confirmed breakout above this zone would signal a shift in short-term momentum and open the path toward $0.14–$0.18 as the next upside targets. On the downside, the key invalidation level remains near $0.061, where a breakdown would disrupt the macro structure and delay the bullish Wave 5 scenario. As long as price continues to hold above trendline support, the broader setup remains constructive, with compression suggesting a potential expansion move ahead.
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