**DOGE/USDT Analysis: Observing the Movement**

**Current Price:**

$0.16019 per DOGE, Down by 2.58%

**Technical Pattern:**

Descending Triangle Formation in DOGE/USDT Pair

**Breakout Potential:**

MA 100 and Ichimoku Cloud Serving as Resistance Levels

**Outlook:**

Impending Breakout Decision Point for DOGE

**Bullish Scenario:**

Solid Breakout Signals Potential Bullish Momentum

**Bearish Scenario:**

Rejection Could Lead to Further Consolidation

**Conclusion:**

Monitoring DOGE/USDT for Potential Trading Opportunities

#CryptoWatchMay2024 #write2earnonbinancesquare

#DOGE #USDT #Analysis