DOGE/USDT Analysis – May 2025

Dogecoin is currently trading around $0.1768, down 2.38% over the past 24 hours but still up 7.85% over the past 30 days—signaling a short-term bullish trend.

Technical Outlook:

Trading above the 50-day EMA, but still below the 200-day EMA (~$0.22).

RSI remains slightly bullish, hovering above the 50 level.

Market sentiment is neutral, with 16 indicators bullish and 14 bearish.

Forecast: DOGE could range between $0.157 and $0.239 this month, with a projected average of $0.198. A breakout above resistance may push it higher, but traders should watch for volatility.

Disclaimer: This is not financial advice. Always DYOR before investing.