The performance of DOGE in the afternoon deserves attention:

In the past 24 hours, 350 million DOGE have been accumulated, worth approximately 73.5 million USD, and the number of holding addresses has also reached a new high since May 2025, indicating a noticeable level of market participation. At the same time, the reserves on exchanges continue to decline, with more tokens being transferred to cold wallet storage, which helps to reduce selling pressure to some extent and provides support for the market.

From a technical perspective, on the 4-hour chart, the price is currently under pressure at 0.22 USD (previous support turned resistance), and the death cross formed by EMA7 and EMA30 also has a certain impact on the rebound. Overall, it may be worth considering a low-buy approach in the afternoon, attempting to place long orders around 0.1980-0.1940 USD, with the initial target set at 0.2050-0.2100 USD. If it can break through, there is hope for further challenge at 0.23 USD, which is worth looking forward to. #doge