Dogecoin (DOGE) Trend Analysis and Trading Strategy

Recently, DOGE has performed well, and many friends are concerned about its future direction. Let's discuss the logic of price fluctuations based on data, technology, and industry dynamics.

1. Key Levels

Support: 0.2680, 0.25; if maintained, the upward structure is likely to continue.

Resistance: 0.29-0.30; breaking above 0.30 with volume may start a new upward trend, with short-term targets at 0.32 and 0.35-0.36.

2. Technical Signals

Price stays above the 50-day moving average, with the 50-DMA increasing by 51.65% from the beginning of the year, indicating a short-term optimistic outlook.

It may form a "bullish flag" (continuation pattern); once broken, the target is around 0.35. Evening strategy (Chuan Ge) leans towards bullish, with a buying range of 0.26350-0.26700.

Target: first aim for 0.27030, and if strong, look for 0.27600.