Brothers, today Long Ge will talk about the Dogecoin market, let's be simple and direct!

DOGE has retreated 73% from the high of $0.2875, forming an ABC correction wave, with a five-wave structure still in the C wave. This pullback is looking like it's about to end, and the rebound momentum is gathering quickly. Looking at history, after such a deep pullback, the third bottom often leads to a strong surge, and there are signs of that now.

In terms of indicators, the MACD has broken the signal line, and the AO oscillator is also showing a bullish divergence. Short-term buying pressure is increasing, which is a good thing. However, the RSI previously reached 75, indicating overbought conditions, so we need to guard against profit-taking that could lead to a sell-off; we don't want to let profits run away.

Currently stuck in the key range of $0.1930-$0.2075. If it stabilizes at $0.1820 and breaks $0.2075, the rebound can be initiated, initially targeting $0.25-$0.26, with the medium-term potential to reach $0.30. If it cannot hold $0.1820, it may drop towards $0.15, but large whales buying the dip and on-chain activity can help support it, so there's no need to panic.

Long Ge's operation today: Long in the $0.1990-$0.2040 range, initially targeting $0.2090, then $0.2130. There’s also a possibility of hitting $0.2212 in the next couple of days. Remember, the market changes quickly, so manage your stop-loss and control risk! #DOGE