Dogecoin (DOGE) Bulls Make A Move — Then Slam Into Resistance

Dogecoin started a recovery wave above the $0.120 zone against the US Dollar. DOGE is now facing hurdles near $0.1240 and might struggle to continue higher.DOGE price started a recovery wave from $0.1175 and climbed above $0.120.
The price is trading below the $0.1250 level and the 100-hourly simple moving average.
There is a bearish trend line forming with resistance at $0.1240 on the hourly chart of the DOGE/USD pair (data source from Kraken).
The price could continue to move up if it stays ab