$DOGE has successfully risen above $0.25, breaking through a long-term downtrend line since November 2024. The short-term trend is bullish, but caution is needed for potential pullback risks. Whether it can maintain the upward momentum depends on whether it can hold above $0.258 and attract more capital inflow.
Short-term target: If it holds above $0.258, it can challenge $0.275 (February high)
Support level: $0.245 (short-term strength and weakness boundary), if it falls below, it may retrace to $0.232
Operational suggestions:
Short-term: If it holds above $0.25, a light long position can be tried, target $0.275, stop loss below $0.245
Medium to long-term: Pay attention to low buying opportunities in the $0.20-$0.23 range, waiting for the next round of breakout