DOGE has emerged as one of the best-performing cryptocurrencies over the past seven days. The memecoin has surged by over 25% over this period, despite the range-bound price action across the top cryptocurrencies.

DOGE 已成为过去 7 天表现最好的加密货币之一。尽管顶级加密货币的价格走势区间波动，但 memecoin 在此期间仍飙升了 25% 以上。

This notable rise over the past week saw DOGE flip the $0.2 price level to support, offering a new opportunity for buyers to join the bullish pump.

过去一周的显着上涨使 DOGE 将价格水平翻转至支撑位 0.2 美元，为买家加入看涨行情提供了新机会。

Analyzing DOGE’s price action on the daily and four-hour timeframes revealed a strong bullish outlook. The Relative Strength Index (RSI) was close to the overbought zone on the daily timeframe while it remained above the neutral 50 on the four-hour timeframe.

分析 DOGE 在每日和四小时时间范围内的价格走势显示出强烈的看涨前景。相对强弱指数 (RSI) 在每日时间范围内接近超买区域，在四小时时间范围内保持在中性 50 上方。

DOGE/USDT on TradingView (4H Timeframe)

TradingView 上的 DOGE/USDT（4 小时时间范围）

This highlighted the dedicated buying pressure both by short-term and long-term buyers. Similarly, the capital inflows remained solid on the higher timeframe with a reading of +0.08. However, on the lower timeframe, it dipped slightly below zero.

这凸显了短期和长期买家的专门购买压力。同样，资本流入在较长时间范围内保持稳定，读数为+0.08。然而，在较短的时间范围内，它略低于零。

With a double retest on the four-hour timeframe, bulls have successfully held the buying floor at $0.2. Thus, buyers can go long with a short-term target of $0.25 for 21% returns and a long-term target of $0.3 for 41% returns.

经过四小时时间框架内的双重重新测试，多头成功将买入底价守在 0.2 美元。因此，买家可以以 0.25 美元的短期目标做多，获得 21% 的回报，以 0.3 美元的长期目标获得 41% 的回报。

Positive Funding Rate in Futures Market

期货市场资金费率为正

In the futures market, the funding rate was strongly positive. This highlighted the bullish sentiment among market participants.

期货市场上，资金费率为强正值。这凸显了市场参与者的看涨情绪。

Furthermore, the long/short ratio was firmly in favor of buyers with 71.5% long positions as against 27.5% short positions across the major timeframes.

此外，多头/空头比率坚定地有利于买家，在主要时间范围内，多头头寸为 71.5%，空头头寸为 27.5%。

Despite the low risk nature of the trade setup, traders should exercise caution, as a break of the $0.2 support level with a strong bearish candle would invalidate the bullish setup.

尽管交易设置的风险较低，但交易者应谨慎行事，因为如果看跌蜡烛突破 0.2 美元的支撑位，则看涨设置无效。

Trade idea:Entry: $0.21 (CMP)

交易理念：入场费：0.21 美元 (CMP)

Target: $0.25; $0.3

目标：0.25 美元； 0.3 美元

Stoploss: $0.18

止损：0.18 美元

Disclaimer: This article does not constitute trading, investment, financial, or other types of advice. It is solely the writer’s opinion. Please conduct your due diligence before making any trading or investment decisions.

免责声明：本文不构成交易、投资、金融或其他类型的建议。这仅是作者的意见。在做出任何交易或投资决定之前，请进行尽职调查。

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