An analyst suggests DOGE correction may be over, signaling a potential bullish wave and market recovery in 2025.
Technical analysis highlights a 45% correction with strong support levels, hinting at a new ATH for Dogecoin.
Alan Santana, a popular crypto analyst at TradingView, has given his thoughts on Dogecoin’s current market position. His analysis offers a thorough picture of the meme coin’s performance and possible course.
DOGE corrected 45% between December 8th and 20th; the decline found support below the 0.5 Fibonacci retracement level but above 0.618. These levels point to a historical precedent for the present trend since they match resistance from the October 2021 peak of DOGE.
Source: Alan Santana on TradingView
Santana also noted that trading volume was much higher during the surge than during the decline, suggesting a possible burn-out of bearish momentum. Emphasizing, “It seems the correction is over,” he pointed to the prospect of a near-term bullish wave and mar

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