Family, today Brother Hao will analyze the rise and fall trends of Dogecoin (DOGE) for everyone. When making investments, we can't just guess; we must combine technical analysis, capital flows, and fundamental factors for a comprehensive judgment.
First, looking at the technical side, the MACD indicator shows that the histogram has changed from negative to short bars, indicating that the bulls' strength is slowly increasing. However, there is still no particularly clear upward trend, so everyone should continue to observe. Looking at the RSI indicator, the value is between 45 and 57, which is in the neutral zone, neither overbought nor oversold. This means that Dogecoin still has room for a rebound, and the subsequent trend is worth looking forward to. Additionally, the KDJ indicator is in an oversold state during certain periods, with values less than or equal to 17. According to experience, Dogecoin may have a demand for a rebound in the short term.
Next, Brother Hao will talk to everyone about the strategies for short-term trading and medium to long-term positioning.
First, talking about short-term trading, the buying point can be considered in the range of 0.206 to 0.209, which is the support testing point and relatively safe. But everyone must remember to set a stop-loss, placing it below 0.204. This way, even if the trend is different from our expectations, we can stop losses in time to minimize losses. As for the selling point, it is in the resistance zone of 0.232 to 0.241. If Dogecoin rises to this position and encounters resistance, starting to retreat, everyone can take partial profits and secure the earnings.
Looking at the medium to long-term layout, if Dogecoin can stabilize at 0.22 and break through the key point of 0.30, then the outlook will be very optimistic, with target prices reaching 0.37 to 0.42. However, investment always carries risks, and we must be prepared for the worst. The stop-loss baseline is 0.19; if Dogecoin falls below this price, everyone must exit quickly, or it may drop significantly to 0.16, resulting in substantial losses.
Currently, Dogecoin is in a critical window of 'bull-bear showdown.' If it can hold above 0.21 and break through 0.23, the short-term target can reach 0.26, and the medium-term can even see 0.30 to 0.40, mainly driven by ETFs and technical patterns. However, if it cannot hold above 0.20, it could be troublesome, likely dropping significantly to 0.16 to 0.19, mainly affected by safety risks and macro pressures.
Finally, Brother Hao will give everyone today's operation guide. You can consider going long in the range of 0.21300 to 0.21650, initially looking for a rise to 0.22020. If the upward momentum is good, it could continue to 0.22510. However, the market changes quickly, so everyone must closely track whale movements, ETF approval progress, and the evolution of the Qubic event. Technically, pay close attention to the support level at 0.21 and the resistance level at 0.23 for breakthrough situations. That's all for today's analysis; be sure to be cautious when investing, and feel free to reach out to Brother Hao if you have any questions!#DOGE
