Brothers, let me talk to you about the latest data and operational thoughts on Dogecoin:

The current price is at $0.20075, having broken through the psychological barrier of $0.20, showing strong momentum in the short term. From the core data perspective, the 24-hour price fluctuation has reached +3.7%, far exceeding Bitcoin's +1.28%, and trading volume has surged by 42% compared to the previous day, with significant involvement from major funds. The short position liquidation pool at the $0.198 level has a strong support of $180 million, providing a solid foundation for short-term prices.

Technical Analysis

On the 4-hour chart, DOGE is at the end of a symmetrical triangle convergence between 0.195 and 0.205, with a breakout probability exceeding 60%. This pattern typically indicates that the market is about to choose a direction, and the significant increase in volume further validates the involvement of major funds. The Fibonacci 61.8% retracement level at the weekly level is at $0.230, providing a clear target price for the bulls.

Sentiment Analysis

The Google search volume for "DOGE payments" has increased by 400% month-over-month, indicating that retail investors' FOMO sentiment is heating up. Driven by this sentiment, more funds may flow into DOGE, further driving up the price.

Now let's talk about operational thoughts:

It is recommended to go long, with a potential entry point around 0.20065,

The first target is to see 0.20452, and if it can break through that, then look for 0.20815.

Although the bulls currently seem dominant, it’s important to stay alert—if a whale suddenly dumps or a large amount of inventory suddenly enters the exchange, these could cause issues. #DOGE