Dogecoin was licking its wounds after a 9% drawdown from a bearish setup on its chart. The last few days accounted for some gains as DOGE rebounded from a strong zone and flipped its 4-hour 20-SMA (red) to bullish. A move above the confluence of the 50-SMA (yellow) and resistance barrier of $0.2340 could set DOGE onward to $0.260, from where its 6 October swing high can be challenged. At the time of writing, DOGE traded at $0.235, up by 5% over the last 24 hours. Dogecoin was in recovery mode after witnessing a 9% breakdown from a descending triangle setup. Although bulls punched back close to a defensive line of ... (full story)