Family, today Brother Hao brings you the latest comprehensive analysis of Dogecoin (DOGE) trends, absolutely packed with valuable information, remember to like and save!

First, let's look at the technical indicators. The MACD histogram is continuously shortening, indicating that the bullish strength is weakening. In the short term, the downside risk has increased. The current RSI value is 45.59, which is in a neutral and slightly weak state, neither oversold nor lacking upward momentum. In terms of trading volume, recently when prices rose, the trading volume shrank, which clearly indicates insufficient upward momentum, so everyone must be cautious of a pullback.

Now let's talk about the trading strategy. For the bullish strategy, if the price can stabilize above 0.215 and is accompanied by an increase in trading volume, we can try a small long position with a target of 0.245. If it breaks through 0.245, then we can chase long with a target of 0.266, which is the monthly high in a neutral scenario.

As for the bearish or wait-and-see strategy, the stop-loss trigger point is crucial. If the 1-hour closing price falls below 0.215, we must decisively stop loss; otherwise, it may slide to 0.20. The opportunity to short arises when the price rebounds and encounters resistance near 0.245, at which point we can consider a short position with a stop loss set at 0.252.

There are also two major positive news pieces. First, the probability of the Spot DOGE ETF being approved has risen to 75%. If it passes, referring to the 2024 trend, it could trigger a 200% increase. Second, if Elon Musk officially announces that the X platform supports DOGE payments, it will likely trigger a sudden rise of over 8% in a single day.

Brother Hao's trading strategy today is to go long around 0.21800 - 0.22100, first targeting 0.22620, then looking at 0.23120. Everyone must pay close attention to market dynamics and operate according to their own risk tolerance. I wish everyone can profit in the Dogecoin market!