<ul data-eligibleForWebStory="true"><li>Dogecoin is trading near $0.162, with analysts suggesting a critical moment that could lead to an upside breakout or a decline towards $0.14.</li><li>An Elliott-wave analyst points out that the current price action for Dogecoin indicates an incomplete bullish trend and warns against assuming the worst is over.</li><li>The analyst highlights key price levels to watch, with $0.158 being a critical support level. Breaking below this could signal a failed reversal attempt and a potential drop to $0.14.</li><li>The future price movement of Dogecoin hinges on whether it can confirm a five-wave impulse, which would establish a bullish trend, or if it will face further consolidation and potential downside pressure.</li></ul>

Boom Or Bust? Dogecoin Awaits Critical Signal, Says Analyst

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