The price of DOGE has dipped by 2.06% recently, with current trading around 0.1669 USD. A significant false breakout at 0.1645 USD suggests potential further declines. If the daily bar closes below 0.1667 USD, a correction towards 0.16 USD is anticipated.
As bulls struggle to maintain momentum above the 0.18 USD zone, the risk of a decrease to the 0.15 USD level increases. Traders should watch for a critical close below 0.1667 USD to gauge potential price corrections.
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