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VX: KP92877 QQ: 3908306664 There is no charge to enter the community, no exchanges, no recommended links Dogecoin has once again attracted everyone's attention. Its current trend is somewhat similar to the previous wave of crazy rise.  Looking back at history, DOGE has gone through all major accumulation phases and then had major rallies. The cycle hasn't really exploded yet, which means a strong uptrend is likely brewing.  Currently, the price of DOGE is at $0.1993, down 2.73% this week. But don't worry, its trend remains solid in the long term. The token structure shows that DOGE is steadily consolidating, and consolidation is often a precursor to large price moves. Earlier this year, Dogecoin hit $0.45 and has since remained in a stable range, which means it may be entering a mature stage to gather strength for the next round of gains. Key levels to watch Looking at the chart, DOGE is currently trading below the 20-day EMA ($0.2197) and 50-day EMA ($0.2134), but above the 100-day EMA ($0.1907) and 200-day EMA ($0.1564). Immediate resistance is at $0.208–$0.215, which is around the 20 and 50-day EMA. If the price breaks through these areas, it may trigger a new wave of gains, with short-term targets starting at $0.229 and further testing up to $0.297.  Support on the chart is still at $0.184, and the main bottom is roughly around $0.156. If Dogecoin cannot regain $0.215, it may pull back to $0.18 in the short term. However, as long as the price can stabilize at this level, it means that long-term players are quietly adding positions and are very powerful. Dogecoin quietly releases strong signal as volatility tightens When volatility narrows close to the Bollinger Bands, it indicates that the market is tightening. This usually means that a strong move is likely to follow. The relative strength index shows a slight bullish divergence at the lows, suggesting there may be buying waiting around $0.18–$0.19. The MACD indicator is also close to a positive crossover, and the blue line has crossed above the signal line. This small move means that market momentum could turn positive soon.  Overall, the market dynamics of Dogecoin show that it seems to be quietly brewing a new round of parabolic market. As long as DOGE can hold the support of $0.18, it has a chance to rush to the range of $0.27–0.30. This will be an important signal for Dogecoin to return to its strong rise. That’s it for today’s article. We are currently in a bull market and the situation is turbulent. We share passwords every day. If you don’t know what to do in the bull market, you are welcome to scan the code to join the group for free. The spot code and layout strategy of the bull market can be shared for free. Let us embrace the bull market, improve our winning rate, and say goodbye to high positions. Scan the QR code below to join us VX：KP92877  If you can’t add it via WeChat above, you can contact the author on the homepage! Prevent loss of contact QQ: 3908306664  |
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