Surge signal! DOGE breaks through from bear to bull, can small investors keep up this time?
Brothers, good afternoon! Sister Rong is here to talk about the latest situation of Dogecoin, all real talk, so listen carefully.
On July 26, DOGE shot up directly, breaking through the previous downtrend line and standing at a higher position. Technically, it has turned from bear to bull, which is a good signal!
The current price is $0.2423, firmly pressing against the 20-day moving average and 50-day moving average, with solid support below.
In the last 7 days, the on-chain trading volume has increased by 15%, funds are starting to flow back in, and market participation has gone up, it's energizing!
Bullish signals are quite obvious as well, with an RSI index of 60.46, not yet in the overbought zone, and there is room to climb up; whales have scooped up over 230 million DOGE in the range of $0.217-$0.225, providing strong bottom support.
There’s also good news, SpaceX has included DOGE in Starlink payment testing, and the news directly boosted it by 5%; now Meme coins are incredibly hot, PEOPLE and BOME have skyrocketed, and as the big brother, DOGE is sure to benefit as well.
In terms of trading, today go long around $0.24250, initially targeting $0.24930, and then continue to push towards $0.25250! The opportunity is here, don't miss out!
Some have been liquidated, and some are trembling. If you are always uncertain, you can follow Sister Rong's steps. The winning streak of the team continues, and for brothers who want to follow the divine strategy and learn the methods, Sister Rong is here waiting for you.
