DOGE Price Prediction for June 07 2025: Can Buyers Sustain Recovery After Sharp Sell-Off?

DOGE price today is attempting a recovery near $0.1778 after sharply falling below the $0.1700 zone during the June 5 session. This bounce from oversold territory reflects early buying interest, yet technical structure suggests the trend remains vulnerable. Traders are watching closely to see whether DOGE price action can break back into the previous range or if the rebound will face resistance from supply layers near $0.1860 and above.

What’s Happening With DOGE’s Price?

After dropping from its May peak near $0.2450, DOGE price recently found support at the 0.786 Fibonacci retracement level near $0.1719. The daily structure remains bearish with consecutive lower highs and a failed attempt to sustain above the triangle breakout level from late May. DOGE’s price had been consolidating between $0.1790 and $0.1980 before bears took control and drove the coin lower into a historical demand region between $0.1660 and $0.1720.

On the 4-hour chart, a recovery is underway following a V-shaped bounce from the $0.1662 support. Price is approaching the descending trendline near $0.1860, which acts as the immediate resistance.…

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