The current state of Dogecoin is a bit like an ordinary student desperately trying to catch up with the top performer. Although they are putting in a lot of effort, they have been stuck at the "watershed" level of 0.2580, unable to break through it for a long time.
However, as long as the hourly level can effectively break through and stabilize above 0.2580, the subsequent upward space will open up. In the short term, we can look towards the 0.26-0.28 range, and if there is a breakout with volume, there may even be a chance to hit 0.30.
Conversely, if it cannot hold above 0.2580, it indicates that the bullish momentum is still insufficient, and the market may need to explore downwards. The key support range to focus on below is around 0.23-0.21, which is a critical area for consolidation.
In terms of strategy, don’t blindly chase highs; the key is to see if the price can stabilize at the critical level. If it does, go long with the trend, and if it doesn’t, be patient and wait for a better exit point. If the timing is right, opportunities will naturally abound #加密立法新纪元