Family, tonight Brother Long will talk about the latest trend of Dogecoin, focusing on technical aspects, driving factors, and operational ideas.

The technical aspect has now reached a critical breakthrough point: $0.19 is a strong support, which has not been broken several times; if it stabilizes above $0.2075, it is very likely to continue rising, with $0.24 being a hurdle, and if it passes, there is hope to reach $0.30. The indicators are also strong, with the golden cross of the 20/200-day moving averages on July 20, indicating a bullish long-term trend; the MACD just had a golden cross, showing short-term momentum is rising; RSI has fallen back to around 50, with the pressure from the pullback mostly released, indicating a strong rebound. The weekly chart has also shown a bullish signal; if it stabilizes at $0.215, there may be an upward movement in the medium term.

There are many bullish points: the probability of DOGE spot ETF approval has risen from 46% to 74%, and if it really happens, it might soar by 200% to $0.60 like in 2024; the current trend is very similar to last year's surge, if it stabilizes above $0.22, a medium-term rise to $0.69 is not impossible; expectations of payment integration with the X platform from Musk could also boost sentiment.

In terms of operations, Brother Long suggests going long around $0.2200-$0.2235, initially looking at $0.2310, and if it breaks through, aiming for $0.2390, with a medium to long-term target of $0.2530. Remember, cryptocurrency is highly volatile, and you must bear the risk yourself, so don’t chase blindly!