$DOGE DOGE Woke Up, Real Strength or Just Another Meme Bounce?
Dogecoin recently climbed back above $0.109, showing a quick recovery.
The move looks good on the surface, but this is where traders can get confused.
Let’s break it down calmly.
Current Market Structure (1H)
DOGE is still in a broader short-term downtrend, but momentum has picked up.
The price bounced strongly from the $0.094 to $0.096 area and reclaimed key short-term averages.
Right now, DOGE is trading above the mid Bollinger Band, which shows buyers are active.
However, this is not a confirmed bullish trend y