Family, everyone has probably been paying attention to the recent market situation of Dogecoin (DOGE)! As of July 20, 2025, the latest market data shows that Dogecoin's current price is fluctuating between $0.24 and $0.25. Many friends are asking whether it can surpass $0.4 in the short term.
First, let's talk about the support level. If Dogecoin cannot maintain the support level of $0.20, the situation will not be very optimistic, and it may likely retrace to the range of $0.18 to $0.19. It's like a house without load-bearing walls, which is prone to collapse. Once the support level is breached, the price may continue to decline, so the $0.20 position needs to be closely monitored.
Next, let's look at the conditions for going long. To go long on Dogecoin, two conditions must be met: first, it must hold above $0.24, and second, there must be increased volume. Only when both conditions are met can there be an opportunity to go long. The initial target is $0.26, and if the market is strong, it might even reach $0.30. It's like climbing a mountain; first set a small goal to reach the first peak, and then move towards higher summits.
From a technical perspective, if Dogecoin can successfully break through $0.25 and hold above it, there will be an opportunity to challenge the strong resistance level at $0.49. This is like defeating a major level in a game, unlocking new challenges. However, everyone should not let their guard down; technical analysis is just a reference, and the market changes too quickly to predict what will happen next.
Finally, Long Ge provided today's trading advice: one can go long around $0.25100, with an initial target of $0.2605. If it can steadily hold above $0.2605, it may even jump directly to $0.28. But I must remind everyone, investing has risks, and the market can change at any time, so please be cautious! #DOGE
First, let's talk about the support level. If Dogecoin cannot maintain the support level of $0.20, the situation will not be very optimistic, and it may likely retrace to the range of $0.18 to $0.19. It's like a house without load-bearing walls, which is prone to collapse. Once the support level is breached, the price may continue to decline, so the $0.20 position needs to be closely monitored.
Next, let's look at the conditions for going long. To go long on Dogecoin, two conditions must be met: first, it must hold above $0.24, and second, there must be increased volume. Only when both conditions are met can there be an opportunity to go long. The initial target is $0.26, and if the market is strong, it might even reach $0.30. It's like climbing a mountain; first set a small goal to reach the first peak, and then move towards higher summits.
From a technical perspective, if Dogecoin can successfully break through $0.25 and hold above it, there will be an opportunity to challenge the strong resistance level at $0.49. This is like defeating a major level in a game, unlocking new challenges. However, everyone should not let their guard down; technical analysis is just a reference, and the market changes too quickly to predict what will happen next.
Finally, Long Ge provided today's trading advice: one can go long around $0.25100, with an initial target of $0.2605. If it can steadily hold above $0.2605, it may even jump directly to $0.28. But I must remind everyone, investing has risks, and the market can change at any time, so please be cautious! #DOGE
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
DOGE
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