$DOGE ‌DOGE Wake up, is it real strength or just another meme rebound?

Recently, Dogecoin has risen above $0.109, showing a quick rebound.
The move looks good on the surface, but traders might get confused here.
Let's analyze it calmly.
Current Market Structure (1H)
DOGE is still in a broader short-term downtrend, but momentum has increased.
The price rebounded strongly from the 0.094 to 0.096 dollar zone and regained key short-term moving averages.
Currently, DOGE is trading above the middle Bollinger Band, indicating buyer activity.
However, the bullish trend has not yet been confirmed.
Key Levels to Watch
Resistance Zones
0.112 to 0.115 dollars → Local resistance, previous rejection zone
0.120 to 0.125 dollars → Major supply zone (Previous breakdown zone)
Support Zones
0.105 to 0.107 dollars → Short-term support
0.094 to 0.096 dollars → Strong demand zone (Recent bottom)
These levels are based on genuine price reactions, not just hype.
Bullish Scenario (Only if this happens)
DOGE maintains levels above $0.105.
Price stabilizes without a sharp rejection.
Breaks through and stays above $0.115.
If that happens, it could move toward $0.12 or higher.
However, this would be a rebound, not a full trend reversal.
Bearish Scenario (Risks still exist)
Price fails to hold above $0.105.
Rejection from 0.112 to 0.115 dollars.
DOGE drops back to $0.10 or even $0.095.
Below that, sellers take control.
Final Thoughts
DOGE looks strong in the short term, but it remains in a larger corrective phase.
Momentum traders are active, but structural traders should stay patient.
This is a reaction zone, not a place for blind entries.
Do you think DOGE can break 0.115 dollars and keep climbing, or is this just another meme-driven rebound?