The market continues to rise today, with the rate of DOGE increasing by 2.36% since yesterday. On the hourly chart, the price of DOGE is approaching the local resistance of $0.2613, and if the daily bar closes around that mark, a level breakout and further rise to the $0.2650 zone may occur. On a larger time frame, attention should be paid to the bar closure above the nearest level of $0.2598, which could lead to a test of the $0.27 area. However, from a midterm perspective, the rate of DOGE is far from key levels, with declining volume indicating a lack of buyer and seller power. Overall, sideways trading around current prices is the more likely scenario. DOGE is currently trading at $0.2597.



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