Immediately go long on Dogecoin❗️❗️
(Triangle flag pattern is an excellent entry point)
Technical analysis:
1. Moving averages are in a bullish arrangement, MA7, MA25, and MA99 form a golden channel
2. Price stabilized after breaking through the previous resistance level of 0.19, indicating a confirmed upward trend
3. Currently in an ascending channel, with pullbacks finding support at the MA25 support level
4. Good volume-price coordination, with increased trading volume during upward movements and decreased volume during pullbacks
Fundamental analysis:
1. Recent increase: 28.82% over 7 days, 85.63% over 30 days, indicating strong upward momentum
2. 24-hour trading volume of 15.038 billion, trading amount of 3.027 billion, showing high market activity
3. DOGE, as a well-established meme coin, has strong market attention and consensus
4. The Twitter/X platform may integrate crypto payments, and DOGE could benefit
Long strategy suggestion:
Target levels: First target 0.22, second target 0.25
$DOGE