Family, good afternoon! Brother Long just took a look at the DOGE chart, and there are a few key signals I want to share with you, along with some operational suggestions.

First, let's look at the 4-hour chart. DOGE is currently in the converging phase of a symmetrical triangle, with the price hovering around $0.221. The short-term support is at $0.206, and the resistance level is $0.226—these two points need to be closely monitored. If it can steadily break through $0.226, the upward space will open up, and the short-term target can see the $0.24-$0.26 range.

On the daily chart, there’s more to see, hiding a potential cup and handle pattern. We’re just waiting to see if it can stabilize above the $0.23 cup and handle neckline. Once it does, there’s a high probability of triggering an accelerated rise, with a mid-term target directly aiming for $0.30-$0.38. Don't forget that surge in 2024, which saw DOGE rise from $0.18 to $0.49 with a similar pattern; historical trends do have some reference value.

The funding side is also supportive. August data shows that whales holding over 100 million DOGE have accumulated an additional 680 million DOGE (about $161 million), with strong buying support in the $0.19-$0.21 range. Moreover, funds are recently shifting from BTC and ETH to altcoins, and DOGE is benefiting from this, with 24-hour on-chain transfer volume increasing by 8%. However, the overall trading volume has yet to reach $3 billion, so the hype isn’t fully realized.

On the macro front, it’s worth mentioning that the Nasdaq in the US rose slightly by 0.21% yesterday, but Chinese concept stocks fell across the board, which may affect risk appetite. The upcoming Federal Reserve's interest rate decision in September also needs to be watched, as it could greatly impact the crypto market.

In terms of operations, Brother Long suggests going long. If it pulls back to around $0.2180-$0.2210, you can enter the market, aiming for $0.2250-$0.2280. Brother Long reminds you that this strategy has a strong time sensitivity, so when entering, be sure to set a stop loss; taking it steady is the most reliable approach. #DOGE