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DOGE has recently attracted attention, with a significant anomaly in trading volume on the 30-minute K-line, with a month-on-month increase of 77.8%. This sharp increase in trading volume often signals increased market participation and the start of a trend.
From a technical perspective, the current price is around 0.12299 USDT. Notably, the key support level at 0.12268 is only 0.11% away from the current price, forming a relatively tight support zone (0.1216-0.12369). This dense support band provides traders with a relatively clear reference for operations.
Regarding trading strategies, a long position opportunity is emerging. Investors can place orders near 0.12268, waiting for a rebound after the price touches the support. The sudden surge in volume combined with the firmness of the support level often forms a more reliable buy signal. The subsequent trend warrants close monitoring, especially whether the trading volume can continue to stay high.