DOGE Value Forecast for May 30 📉🐕🦺
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The value of DOGE has dipped by 3.15% over the past 24 hours. 📉
On the hourly chart, DOGE experienced a false breakout at the local support level of $0.1574. However, if today's bar closes near this point, there could be a deeper decline to the $0.15 zone. 📊
On a larger time frame, neither bulls nor bears are in control as the price remains within a broad channel. In this situation, traders are unlikely to see any significant movements soon. 📉📈
Overall, consolidation within the range of $0.1550-$0.1650 is the most probable outcome. 🔄
From a midterm perspective, DOGE has once again failed to secure a position above the $0.17 resistance. If this trend continues through the end of the week, the correction might extend to $0.15. 📉
Currently, DOGE is trading at $0.1616. 💹
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