Short and medium-term perspectives
Short term: If the price manages to break and consolidate above the resistance at $0.3515, it could pave the way towards the zone of $0.3743, where there is a high accumulated volume. However, a possible correction towards the supports at $0.3415 or $0.3308 could occur if the RSI reaches extreme levels.
Medium term: A breakthrough of the 100 and 200-period EMAs at $0.3488 and $0.3535 would consolidate a shift towards a stronger bullish trend, but if the price fails to surpass these resistances, it is likely to consolidate again in the range of $0.33-$0.34.
Conclusion
The 4-hour chart of DOGE shows signs of recovery, supported by positive momentum in recent sessions. Although it faces significant resistances, the behavior of volume and moving averages suggests that the price could extend its bullish trend in the short term if it breaks key levels. However, traders should be alert to possible corrections, especially if the RSI continues to rise and reaches overbought levels.