Is DOGE About to Take a Nosedive? You Won’t Believe the Predictions! 🐶💸

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Ah, the first day of the week, when bulls are about as strong as a soggy biscuit, and bears are strutting about like they own the place, according to our dear friends at CoinStats. 🐻

DOGE/USD

Well, well, well! It appears our beloved DOGE is having a bit of a rough day, tumbling down the rabbit hole by a staggering 8.18%. One might say it’s a doggone disaster! 🐕💔

On the hourly chart, it seems DOGE has attempted a rather audacious false breakout of the local resistance at $0.1515. If the daily bar decides to close far from this lofty ambition, we might just see a drop to the $0.13-$0.14 area tomorrow. How delightful! 🎢

Now, if we gaze into the crystal ball of the bigger time frame, we find that DOGE has bounced off the support level of $0.1428. But, dear reader, if the candle closes near or below this level, we could be in for a rather dramatic level breakout, followed by a plunge to the $0.12-$0.13 zone. Grab your popcorn! 🍿

From a midterm perspective, the scene is rather similar. Traders, do keep your eyes peeled for the weekly bar’s closure around the $0.1411 level. It’s like watching paint dry, but with more suspense! 🎭

As the volume remains as low as a cat’s meow, neither side has mustered enough energy for a sharp move. Thus, we are likely to see a delightful consolidation in the range of $0.14-$0.16. How thrilling! 🥱

At the time of this riveting report, DOGE is trading at a modest $0.1469. What a rollercoaster of emotions! 🎢

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2025-04-07 18:46