$DOGE is currently trading at $0.23310, up by 2.95%. However, the 1-hour chart suggests a potential short-term bearish scenario.
After testing the $0.24759 high, we're seeing some red candles forming, indicating a possible pullback.
Watch the $0.22427 support level closely; a break below it could lead to further downside.
Trade with caution and manage your risk accordingly.