Morning Brother Talks Coins: Brothers, today let's chat about the latest developments and operational suggestions for Dogecoin.

First, let's look at the technicals. $0.2625-$0.2712 is a tough nut to crack — it has repeatedly suppressed the price since the end of 2024. Last February, it broke through $0.28 but quickly plummeted to $0.15, indicating significant pressure in this area. However, if it can break through with volume, the target for the ascending triangle pattern could reach $0.31, with a potential increase of 50%.

Keep a close eye on the support below at $0.2215-$0.2253: if it breaks $0.2253, it might retest $0.20-$0.21; if $0.215 can't hold either, it could slide to $0.17-$0.20. Fortunately, the 50-day and 200-day moving averages have just formed a 'golden cross', and the medium-term bullish structure is still intact.

Now, looking at the on-chain data, whales have secretly bought 1 billion DOGE (about $220 million) in the past month, bringing their holdings close to 26 billion coins, indicating large funds are positioning themselves. However, it’s worth noting that 38% of addresses are in profit, holding 10.5 billion coins that could be sold off at any time, so watch out for short-term selling pressure. Additionally, recent activity has increased, with open contracts rising by 6.6% to 3.4 billion, as both longs and shorts are adding positions.

The technical indicators are fairly strong: MACD has turned positive, and in the DMI, +DI (23.15) is higher than -DI (12.05), giving the bulls a temporary upper hand. The 4-hour chart has also formed a 'bullish flag' and a 'double bottom', with targets looking at $0.2323-$0.2415.

Finally, regarding today's operational strategy, Morning Brother suggests going long around $0.2265-$0.2295, initially aiming for $0.2363, and if that breaks, then looking at $0.2420. Make sure to set a good defense at #doge .