Family, the recent market for Dogecoin has been quite eye-catching! Just like Hao said before, Dogecoin has recently increased by 20%. This wave of rising prices has indeed allowed many people to make a lot of money. However, everyone is definitely very concerned about how Dogecoin will perform in the future. Don't worry, today we will conduct a comprehensive analysis of Dogecoin's price fluctuations based on the latest market data.

First, let's talk about the key resistance levels. The strong resistance is at $0.2497, which is based on data from August 10. Once this price level is broken, Dogecoin is likely to accelerate its rise, and that would lead to another major market movement. Now let's look at the secondary resistance, which is in the range of $0.2408 - $0.243. Dogecoin has not been able to hold above this range after multiple tests, so there is considerable short-term selling pressure here, making it a small hurdle. Currently, if Dogecoin can stabilize at $0.2307, the next target can be set towards $0.2357 - $0.2408, which is also a small goal for many investors.

For those engaged in short-term trading, there are two strategies to consider. For a more aggressive approach, one can take a small long position at the current price of $0.2307, aiming for $0.2357 - $0.2408, with a stop-loss set at $0.2268, which is the previous low. This way, even if the market goes against you, the loss can be kept within a certain range. A more conservative strategy would be to wait for a pullback to the support zone of $0.1964 - $0.2008 to buy in batches, with a stop-loss set below $0.1900.

Hao's trading strategy today is to go long directly around $0.22800 - $0.23000, aiming for $0.23580 - $0.24620, and he believes that Dogecoin is likely to break through $0.2600 in the next few days. #DOGE