Dogecoin’s journey to $0.07 reignited as price jumps

• Dogecoin sends mixed signals amid the latest market recovery
• The cryptocurrency gained 6% on Wednesday amid high social interest
• DOGE looks set to reclaim the $0.07 level after intraday gains of 6%

Dogecoin DOGE/USD continues to send mixed signals despite recent recoveries. A bull signal was after breaking above a short-term descending trendline that sent the meme token to $0.068. The ascend was quickly followed by a bearish pin bar below the crucial resistance.

Typically, pin bars communicate price rejectio