The analysis focuses on the DOGEUSD pair, noting a three-wave move up followed by a three-wave move down to support, which is currently holding. An ABC structure is identified, with the C wave consisting of a five-wave sequence. The C wave reached a 161.8% extension. The speaker notes the reaction from this extension is too small to be a trend reversal. A price of 0.2511 would invalidate the one more low scenario. The next support levels are identified at 0.209 and 0.199. Ideally, five waves up will be a signal, but the sideways consolidation is possible.