Dogecoin's current correction is a normal retracement from the upward move since 0.11612. It is currently building a 30-minute central zone, and the outlook still expects to test the new high of 0.15656.

The effective support level is in the 0.1365-0.138 range, which is also a must-hold position for the bulls. The closer to this area, the more favorable the risk-reward ratio for entry.
The two trend routes shown in the chart are my personal predictions based on the current structure. They are not guaranteed to match the market 100%, serving only as directional guidance: either a direct new high in black, or a red oscillation forming a standard 30-minute central zone before moving away. This depends on the influence of Bitcoin and the strength of its five-minute structure.