8.23 Dogecoin Market Analysis

Beijing Time Current Time Dogecoin continues its recent strong trend. Data from multiple platforms indicates that the price has risen by approximately 11% recently, trading activity has significantly increased, and market sentiment is bullish.

Operational Suggestions

Support Level: 0.230–0.235 range, if it stabilizes after a pullback, it is a good buying opportunity.

Resistance Level: 0.245–0.250 area, breaking through this area may trigger further increases.

Defense Level: If it falls below 0.225, stop loss should be implemented promptly to control risk.

Summary

The DOGE bullish trend is evident, short-term upward momentum is strong, actively buying on pullbacks at low levels remains the main strategy. If accompanied by increased trading volume breaking through the resistance level, the market may further extend towards the 0.25+ area. 🚀 For friends who can't understand the trend direction, teachers share directional strategies every day, so pay more attention! #DOGE #doge⚡ #solana #杰克逊霍尔会议 #加密市场回调