Family, today Brother Long is here to talk about the recent market of Dogecoin (DOGE), pure dry goods, be sure to like and save!

First, let's look at the price dynamics: the current support level is at $0.2067, if it breaks, it could dip to the range of $0.2045-$0.2094; the resistance level is at $0.2325-$0.2416, and if it breaks through, there may be a short-term rally opportunity. In the past 24 hours, DOGE has risen over 4%, looking quite strong, but the 4-hour candlestick has shown a divergence between price and volume—prices have risen, but trading volume hasn't kept up, indicating that the upward momentum is weakening, so we need to be cautious.

In terms of technical signals, the MACD histogram remains positive and is slowly lengthening, with bulls temporarily in control, but we must be wary of the risk of momentum decay, so don’t be careless.

The overall market influence is also crucial. DOGE is closely linked with BTC and ETH; if Bitcoin can hold the support at $112k-$113k, DOGE may rebound as well; if BTC cannot hold, DOGE may pull back to lower levels. If Ethereum breaks through $4230 and pushes above $4400, it could lead to a general rise in altcoins; conversely, it would suppress DOGE.

Key event-driven points to watch: On August 22, Powell will speak; if hawkish signals are sent (such as delaying interest rate cuts), it may trigger a sell-off of risk assets, and DOGE will find it hard to stand alone; on August 28, the Asian Bitcoin Summit may cause market sentiment to fluctuate in advance, so keep an eye on the news.

Brother Long’s operational strategy today: short near $0.2180-$0.2200, with the first target at $0.2133, and if it breaks, then look towards around $0.2085. Be sure to set a stop loss when entering, as the market changes quickly, so be extra cautious! #DOGE