Brothers, the recent trend of Dogecoin is worth paying attention to.

Currently, the RSI is fluctuating between 30-37, close to the oversold zone. Referring to the 70% rebound after the oversold condition in June, such signals may be worth monitoring. In terms of MACD, the histogram has just turned positive, and the fast and slow lines are nearing a golden cross, indicating that bulls are gathering strength.

It is worth mentioning that when the price drops, trading volume shrinks, showing that selling pressure is weakening; if we can break through $0.21 with increased volume later, it could be a signal of trend reversal. On-chain data is also quite positive, as in the past month, whales have increased their holdings by 1 billion DOGE, bringing their balance to 25.97 billion, indicating that the main force is gradually laying out its position.

In terms of operations, Brother Chen's thought today is to make a light long position in the range of $0.19623-$0.19855, with a target of $0.20158-$0.20385. However, I still want to kindly remind you that market fluctuations are inevitable, remember to set a stop loss and do not hold on stubbornly, so that you can respond to changes more safely. #doge