$DOGE ### DOGE Price Analysis for June 6

#### Market Overview

The market is experiencing a slight correction at the beginning of the week, according to CoinMarketCap. However, top cryptocurrencies are showing signs of bouncing back to resistance levels.

#### Daily Analysis

On the daily time frame, DOGE is trading within the range of the previous day's bar. This indicates a balance between buyers and sellers, with neither group currently dominating. An upward move could occur if DOGE breaks through the interim resistance level of $0.1650.

#### Midterm Outlook

From a midterm perspective, DOGE is still distant from key support and resistance levels. Additionally, the declining trading volume suggests that buyers are hesitant to purchase DOGE at its current price. Therefore, ongoing consolidation within the $0.15-$0.17 zone is the more likely scenario.

#### Current Price

At press time, DOGE is trading at $0.16051.

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