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DOGE has recently experienced several unusual movements. On the 30-minute candlestick chart, trading volume suddenly surged by 57.4%. Such a sharp increase in volume is rarely without reason — the market may be brewing a new trend.
Currently, DOGE's price is around 0.13892 USDT. From a technical perspective, the key support level on the 1-hour basis is at 0.13877, which is only 0.11% away, indicating it is very close. Looking further down, the entire support zone ranges from 0.13784 to 0.13953, so there is still some short-term support.
From a trading standpoint, since it is approaching a key support, the opportunity to go long is worth paying attention to. Consider placing buy orders around 0.13877, with the resistance level set at 0.14316 as the take-profit target.
Volume expansion is often a precursor to a market move, and subsequent trend changes need to be closely monitored.