Dogecoin bounces 4.5% but full recovery remains uncertain amid bearish trends.

Dogecoin's price recently bounced 4.5% after defending the $0.088 support level and briefly surpassing $0.10. Despite this short-term gain, the weekly chart shows a bullish swing structure but weak buyer strength, and the 12-hour timeframe remains bearish. Profit-taking by short-term holders and overall weak market sentiment suggest that a full recovery from the $0.08 low is unlikely in the near term. Investors should stay cautious as the memecoin's longer-term trend still faces challenges.