Family, yesterday DOGE experienced a "storm" of significant market correction, but don't panic! Today, Brother Yang is here to analyze its short-term trend for everyone!

First, looking at the technical side, DOGE has formed an ascending triangle pattern, like a little rocket ready to launch! Its lows are continuously rising, which is a very positive signal showing that the bulls are gaining strength. However, it is currently facing a strong resistance level at $0.25, like a towering mountain in front of it. If it can break through this "mountain" within 8 hours, it could trigger a vigorous upward trend, starting its "rocket launch" journey!

Next, looking at the 4-hour chart, trading volume has increased, and both price and volume are rising together, just like a car's throttle and speed going up simultaneously, indicating strong upward momentum. Moreover, the MACD histogram remains positive and is gradually lengthening, demonstrating the formidable strength of the bulls, like a highly motivated army ready to charge.

From the market sentiment perspective, on-chain data shows that whales have accumulated over 1 billion DOGE in the past month, which is a clear bullish signal, as if the big players are secretly positioning themselves, hinting at a potential big market move ahead. But we shouldn't be too optimistic; the profit-taking address ratio has reached 38%, meaning many people have made money and there may be profit-taking pressure, like a group of people wanting to cash out after earning, which could introduce some volatility to the market.

Finally, Brother Yang has some trading advice for everyone: conservative friends can buy around 0.22600 - 0.22300, aiming for 0.23200 first. If the market is strong, then look at around 0.24000. However, the market is quite volatile, so everyone must set stop-losses and manage risks carefully; we play for the thrill, but we must also ensure safety #DOGE冲冲冲