Dogecoin's Elliott Wave analysis indicates a potential rise to the $1–$2 range, driven by significant whale accumulation and the SEC's review of the Bitwise Dogecoin ETF. The cryptocurrency has seen increased interest, with its DeFi total value locked (TVL) rising by 10.98% to $17.51 million in the past 24 hours. The ETF filing is currently under a 20-day review period, set to conclude on November 12. Analysts suggest that Dogecoin's Wave IV phase is complete, with the price consolidating above $0.06091 and forming higher lows, signaling a bullish outlook.