Brothers, Brother Chen is now analyzing the latest market trends and trading strategies for Dogecoin.

Starting from the technical perspective, there are positive changes in bullish and bearish forces: although the MACD histogram is negative, it is shortening, indicating a weakening of bearish forces and accumulation of bullish strength; the KDJ is in the oversold zone (17), and there may be a short-term rebound. If a golden cross forms, the upward momentum may strengthen. In terms of moving averages, the 50-day EMA (0.214) is approaching the 200-day EMA (0.209); if a 'golden cross' forms, the bullish signal for the medium to long term may be clearer. The cup and handle pattern continues, and after breaking through the key resistance, the target can be seen at $0.75 (Fibonacci extension level).

Key positions to pay attention to: Support level of $0.206–$0.209 is the bullish defense zone, which has been tested multiple times without breaking; secondary resistance of $0.232–$0.240 requires substantial volume to break through, otherwise it may easily trigger a pullback; strong resistance of $0.250–$0.360 has a large number of sell orders, and breaking through may open up space to $0.73.

Short-term trend: If it stabilizes above $0.23 and breaks through $0.24 with volume, it may test $0.25 (the previous high before August); if it falls below $0.206, it may retreat to $0.20, requiring adjustments based on BTC and regulatory news.

In the short term, focus on the $0.209–$0.232 range for trading, adding positions on breakouts; for the medium to long term, consider building positions in batches, with a stop loss set below $0.20. At the same time, pay attention to the movements of large whales and ETF approvals, as passing these may act as market catalysts.

Finally, let me talk about Brother Chen's trading strategy today: consider going long around $0.2191–$0.2165, with an initial target of $0.2255, and after breaking through, look at $0.2308. Remember to defend well; being cautious is the priority. #doge