In these ten days, Dogecoin has been remarkably stable, stubbornly holding the line at $0.3. On-chain professional data suggests that Dogecoin may be preparing for a breakout.

Over these ten days, Dogecoin has been hovering between $0.3 and $0.335, like it's gathering strength to make a move. Currently, it's selling at $0.32, up 2.6%. Although the increase isn't large, it's still a good sign. However, for the price to really take off, it needs to cross the hurdle of $0.35.

In the last 24 hours, Dogecoin's trading volume has increased by 37%, reaching $1.96 billion. With rising trading volume, the price has also gone up; it seems that this wave of enthusiasm for Dogecoin will continue for a while.

But let's not forget, Dogecoin rose to fame through speculation, and for its price to stabilize, it needs the support of the community.

Recently, those meme coins haven't been doing too well, and everyone is starting to value practicality.

Although Dogecoin fell by more than 24% last month, it isn't closely related to Bitcoin (BTC). This means that when Bitcoin falls, Dogecoin might be less affected and could recover faster.

Looking at the liquidation data, people still have quite a bit of confidence in Dogecoin, with long positions far outnumbering short positions, reaching a ratio of 3.39.

Currently, the key point for Dogecoin is $0.315. If it can hold steady and continue to rise, then $0.324 and $0.335 are definitely within reach.

However, if the price falls below $0.315, it could become troublesome, and sellers might gain the upper hand.

The price could drop to $0.304, and if it falls further, the support level at $0.293 will face a test.

Opportunities are right in front of us. In the upcoming layout direction, I will guide everyone to seize those lucrative opportunities in altcoins, with expected returns of over 10 times not being a dream! Like and leave a message to layout the entire bull market together!