UPDATE DOGEUSDT – 1H as of May 31, 2025 | SORE

Current Price: 0.18703 USDT (-8.77%)

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🧭 Two Direction Scenarios

🔻 Bearish Scenario (Currently Dominant)

Price declines again after failing to break the 0.1905 area.

A breakdown from the small channel occurs again, reinforcing selling pressure.

If it breaks down below 0.1854 (daily low), potential drop to:

🎯 0.1810

🎯 0.1790

> 📉 Trend remains strongly bearish, do not rush to enter long without reversal confirmation.

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🔺 Bullish Scenario (Limited Rebound)

Current short-term support is at 0.1854–0.1860.

If it holds and a reversal candle forms, potential rebound to:

🎯 0.1905

🎯 0.1945

> 🟩 Reversal validation must be accompanied by volume + candle close above 0.1900.

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📌 Additional Notes

The 1H structure remains bearish, no strong reversal signals yet.

Average volume does not show significant accumulation.

Be cautious of fakeouts approaching the daily session close. ‼️

#DOGE #UpdateAlert #dyor