The price of DOGE has increased by 25.6% in the last day, leading to a return of most coins to the green zone according to CoinStats. However, the hourly chart suggests a bearish trend after a false breakout of resistance at $0.3487, and there may be a test of the support level soon. On the bigger time frame, a long wick is appearing, indicating a bearish signal and a possible test of the $0.28-$0.30 range. Traders should monitor the closure of candles around the $0.2724 level to determine if further decline is imminent. Currently, DOGE is trading at $0.3252.



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