Brothers, let's talk about the latest Dogecoin market conditions with Long Ge!

Current price is 0.20010, right at the 50-day SMA (0.200) support level, which is a crucial point between bulls and bears, making the upcoming trend critical! Recently, it hasn't been very strong, with a weekly drop of 10%, mainly due to the failed attempt to break through the 0.25-0.26 resistance zone, leading to a pullback.

But there is good news: over the past 30 days, whales have increased their holdings by more than 1 billion DOGE, worth 220 million dollars, accounting for 17.5% of the circulating supply. Big funds are still positioning.

Risks must be mentioned: on August 3, a whale with 10x leverage long position was forcibly liquidated, losing 3.09 million dollars—high leverage should be avoided!

0.200 is the line between life and death; the volatility may increase by 50% in the next 4 hours! A conservative approach would be to lock in profits by closing 30% of the position, while an aggressive approach would be to place a dual breakout order to seize opportunities.

Finally, let's talk about Long Ge's operations today: going long around 0.19700-0.20000, targeting 0.20560-0.21130. There might be a rebound to 0.23100 in the next couple of days. The market moves quickly, so adjust flexibly. If you have any questions, leave a message! #DOGE