$DOGE
Dogecoin (DOGE) has recently gained attention in the market once again, backed by notable figures: Elon Musk has repeatedly voiced his support, and Trump has also publicly expressed support for cryptocurrencies, particularly mentioning DOGE, making it a dual focus of public opinion and capital.
From the market perspective:
Currently, DOGE is building solid support at around $0.14, a price level that has been tested three times without breaking, indicating strong buying interest below. The bulls' defensive willingness is evident; as long as DOGE holds steady at $0.14, it is possible to see another significant wave of movement, with a potential increase of up to 200%, and a mid-term target directly aiming for $0.50.
The RSI indicator has rebounded and successfully broken through the downtrend line, signaling a reversal;
Positive news related to ETFs continues to ferment, becoming a key catalyst for a market breakout;
If the strength continues, it is possible that DOGE will challenge the $1 mark in August, replicating past miracles once again!
If it loses the support of $0.14, the technical structure will be damaged, and the bullish logic will face challenges, so stop-loss measures should be set to respond to sudden market changes.
Support strength: $0.14 (verified multiple times)
Mid-term target: $0.50
Extreme bullish: challenge $1
Risk control reminder: decisively stop loss if it falls below $0.14
