Latest news: $DOGE experienced a short squeeze of $6.1242K when it hit the price of $0.32292. This means that traders who were shorting Dogecoin were forced to buy back, closing their short positions. Could this lead to a price rebound for Dogecoin? Let’s take a look together and guess what big moves might be coming next! — What’s happening with $DOGE? Market interpretation: The short squeeze indicates that buyers have started to step in, pushing the price up. If this momentum can be sustained, $DOGE might just break through its current price level. Trend change: Dogecoin has seen some significant volatility recently; if buyers can withstand this pressure, it might be on the rise. — Key buying opportunity: Consider buying in the range of $0.310 to $0.320. Dogecoin is currently consolidating around this price level, making it relatively low risk to buy in with decent returns. Target price: The first target price is $0.340; if momentum is strong, it could even reach $0.360. Stop-loss point: Set a stop-loss at $0.300 so that if the price drops, you won't lose too much. — Trading strategy: If Dogecoin breaks through $0.330 with significant trading volume, it could continue to rise to $0.360. If it falls below $0.310, the momentum might not look good, so caution is advised. — Important reminder: The cryptocurrency market is unpredictable. Remember to manage your risks when trading, keep an eye on price trends, and definitely don’t borrow too much money to trade cryptocurrencies. Stick to your trading strategy!