#DOGE
DOGE recently rebounded strongly after reaching the demand zone, breaking the short-term downward structure and forming higher highs. The technical outlook is somewhat bullish in the short term. If it can break through the key resistance level, it may open up further upward space.
Resistance range: 0.235 – 0.24
It has been blocked multiple times before; if it successfully breaks through, the short-term target looks towards 0.30, and in the medium to long term, there may be a chance to reach 0.95.
Risk area: If it falls under pressure, pay attention to support at 0.18 – 0.20.
Suggestions:
1. Short-term: Wait for a stable position above 0.24 before considering a long position, with a stop loss set below 0.20;
2. Medium to long-term: After a breakout, gradually position, with targets at 0.30 / 0.95, and it is recommended to divide into batches;
Risk control: Pay attention to changes in trading volume to avoid blindly chasing highs at resistance levels.
