Dogecoin Price Surges, Signaling Bullish Breakout

狗狗币价格飙升，预示着看涨突破

Over the past 24 hours, Dogecoin (DOGE) has experienced an 8% surge, reaching $0.1253 as of 6:50 a.m. EST, accompanied by a 109% increase in trading volume to $2.2 billion.

在过去 24 小时内，狗狗币 (DOGE) 经历了 8% 的飙升，截至美国东部时间上午 6:50 达到 0.1253 美元，交易量增长 109% 至 22 亿美元。

Technical Analysis: Cup and Handle Pattern

技术分析：杯柄形态

According to Tradingview, Dogecoin's daily chart on Binance displays a bearish channel characterized by lower highs and lows. However, a potential trend reversal occurred when the price broke out of this channel in mid-July after reaching a low of $0.079.

根据 Tradingview 的说法，币安上狗狗币的日线图显示出一个看跌通道，其特点是高点和低点较低。然而，当价格在 7 月中旬触及 0.079 美元的低点后突破该通道时，潜在的趋势逆转发生了。

A cup and handle pattern has emerged, indicating a bullish trend continuation. The "cup" has formed, with the price bottoming at $0.079 and gradually recovering. The "handle" is in progress, and a breakout above the resistance level of $0.13, coinciding with the 50-day SMA, could confirm a bullish move. This could potentially push DOGE towards a target price between $0.18 and $0.20.

杯柄形态已经出现，表明看涨趋势仍在延续。 “杯子”已经形成，价格触底于0.079美元并逐渐回升。 “手柄”正在进行中，突破 0.13 美元的阻力位（与 50 日移动平均线一致）可能会确认看涨走势。这可能会将 DOGE 的目标价格推向 0.18 美元至 0.20 美元之间。

RSI and Support Zone

RSI 和支撑区

The Relative Strength Index (RSI) is approaching the overbought zone of 70 at 67.69, suggesting strong bullish momentum but also the possibility of a short-term pullback. If the RSI crosses into overbought territory, a slight pause in the rally might ensue.

相对强弱指数（RSI）正接近70的超买区域67.69，表明看涨势头强劲，但也有可能出现短期回调。如果 RSI 进入超买区域，涨势可能会略有暂停。

Dogecoin has a key support zone between $0.105 and $0.11, which aligns with the 200-day Simple Moving Average (SMA) at $0.10672. This level has provided multiple bounce-offs for DOGE.

狗狗币的关键支撑区域位于 0.105 美元至 0.11 美元之间，与 200 天简单移动平均线 (SMA) 0.10672 美元一致。该水平为 DOGE 提供了多次反弹。

Meme Coin Alternatives

Meme 硬币替代品

Traders seeking potential meme coin investments may want to consider Pepe Unchained (PEPU), a Layer 2 meme coin that has recently raised over $19.9 million in one of the year's largest presales. PEPU aims to "unchain" PEPE, currently the third-largest meme coin, from the Ethereum blockchain's limitations through its proprietary Layer 2 blockchain, Pepe Chain. Pepe Chain offers faster transactions and lower gas fees, along with a dedicated block explorer and a developer grant program to encourage ecosystem growth.

寻求潜在模因币投资的交易者可能会考虑 Pepe Unchained (PEPU)，这是一种 Layer 2 模因币，最近在今年最大的预售之一中筹集了超过 1990 万美元。 PEPU 的目标是通过其专有的第 2 层区块链 Pepe Chain 将目前第三大模因币 PEPE 从以太坊区块链的限制中“解放”出来。 Pepe Chain 提供更快的交易和更低的 Gas 费用，以及专门的区块浏览器和开发者资助计划，以鼓励生态系统的发展。

With speculations of a potential centralized exchange (CEX) listing by the end of the year, PEPU tokens are available for purchase at $0.0103 using various payment methods, including USDT, BNB, ETH, and bank cards.

据猜测，PEPU 代币可能会在今年年底上市，可以使用各种支付方式（包括 USDT、BNB、ETH 和银行卡）以 0.0103 美元的价格购买。