Dogecoin ($DOGE) is showing signs of recovery after a recent decline, rising above the $0.2500 level against the US Dollar. However, the cryptocurrency is currently consolidating and facing resistance near $0.2655.

Despite the recent gains, DOGE may struggle to break through key resistance levels. If the bulls manage to push the price above $0.2655, further upside potential could be unlocked. However, if they fail to maintain momentum, the price might retrace to ...