DOGE has confirmed a breakout from the previous downtrend channel, with the current support at 0.25 showing solid performance, accumulating a gain of over 15% since the layout range. Market participation has significantly increased, with both retail and institutional funds entering the market simultaneously, creating a bullish resonance. On-chain data is releasing positive signals: whale addresses have been continuously increasing their holdings within the last 24 hours, and the circulating supply is tightening, providing a solid foundation for price upward movement. In the future, attention should be focused on the defensive strength of the 0.25 support. If it stabilizes, the next target could be the 0.30 resistance area. The technical structure and on-chain data form a dual support, and under the background of trend continuation, it is recommended to continuously track the dynamics, seize opportunities for entry during pullbacks, and pay attention to strict risk control during operations. #DOGE
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DOGE Trend Analysis and Outlook
DOGE has confirmed a breakout from the previous downtrend channel, with the current support at 0.25 showing solid performance, accumulating a gain of over 15% since the layout range. Market participation has significantly increased, with both retail and institutional funds entering the market simultaneously, creating a bullish resonance. On-chain data is releasing positive signals: whale addresses have been continuously increasing their holdings within the last 24 hours, and the circulating supply is tightening, providing a solid foundation for price upward movement. In the future, attention should be focused on the defensive strength of the 0.25 support. If it stabilizes, the next target could be the 0.30 resistance area. The technical structure and on-chain data form a dual support, and under the background of trend continuation, it is recommended to continuously track the dynamics, seize opportunities for entry during pullbacks, and pay attention to strict risk control during operations. #DOGE