The price of DOGE has increased by 0.53% over the past 24 hours, but bulls are starting to lose their position. The hourly chart shows a potential local resistance level at $0.1101, and if the daily bar closes far from it, there could be a test of the $0.1060 zone tomorrow. On the bigger time frame, traders should pay attention to the candle's closure at the nearest level of $0.1103. If it closes far from this level, bears may take control and a correction to the $0.1040 range could occur. In terms of the midterm outlook, it is too early to make distant predictions. However, if the weekly bar closes near $0.1109, there may be enough momentum for a breakout and a move to the $0.12 mark. DOGE is currently trading at $0.1072.



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