DOGE only after channel break pump is expected

DOGE is showing signs of a potential near-term correction toward the channel support zone highlighted on the chart. This pullback would represent a healthy retracement within the broader structure, allowing the asset to reset momentum before the next leg higher.

Current Structure:
Immediate Outlook: Short-term correction likely toward channel support
Key Support Zone: Lower channel boundary (as marked on chart)
Market Phase: Bullish consolidation within uptrend

Expected Path:
Correction Phase: Price moves toward channel support to establish a stronger base
Bounce Phase: Support holds, leading to renewed buying interest
Breakout Phase: Channel resistance ultimately breaks, confirming trend continuation

Technical Significance:
A successful retest of channel support followed by a move back toward resistance would build momentum for a decisive breakout. Once channel resistance is broken with volume, it would signal the resumption of the broader bull market.

Key Levels:
Critical Support: Channel lower boundary (correction target)
Immediate Resistance: Channel upper boundary (breakout level)
Post-Breakout Target: Measured move projections upon confirmation

Trade Consideration:
Conservative traders may wait for support to hold before entering
Aggressive traders could position for the bounce with stops below support
Breakout traders await a confirmed close above channel resistance with volume

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