Can DOGE continue its upward trend? Technical analysis provides clear signals.

Dogecoin (DOGE) has recently performed remarkably well, with technical charts continuing to show strength, but market sentiment has become extremely enthusiastic. Is this still the accumulation phase before further rise, or the final madness before a top? Let’s analyze from a technical perspective and outline two clear trading strategies.

Hardcore Technical Analysis — Why Do Charts Still Signal “Bullish”?

Moving Average System Reveals Bullish Power

MA5 and MA10 are diverging upwards, not only trending higher themselves but also pushing MA20 below. This “bullish alignment” forms the most solid framework for an uptrend. As long as this structure remains intact, the upward momentum is unlikely to collapse. Currently, DOGE’s price stabilizes around $0.14, and the moving averages still follow a bullish logic.

Support Levels Form a Defensive Line

The price level at 0.11534 has been tested three times in the past month, each time quickly rebounded, forming a clear “strong support zone” technically. It’s like a respawn point in a game—unless it’s broken decisively, the bulls still hold the chips to organize a rebound. As long as it doesn’t break below 0.11534 in the short term, the validity of the upward trend remains.

Indicators Still Show Strength

MACD histogram continues to grow, indicating persistent buying volume. RSI has reached 72, entering the high zone, but the key observation is the “divergence” phenomenon—if the price hits a new high but RSI does not follow, that’s a warning sign of a top. Currently, no divergence appears, suggesting the rally still has room to run. KDJ is in a high-level plateau, often a sign of continued strength rather than an immediate top.

Summary: From a purely technical chart perspective, DOGE shows a “strong consolidation within an uptrend” pattern. The core indicators collectively favor bulls, which is the market language we must respect.

Two Clear Trading Paths

Participants in the market have different styles; they should be approached accordingly:

Aggressive Strategy — Quick Entry but Maintain Bottom Line

Target zone set at 0.14500-0.14800. If the price pulls back to this area and shows signs of stabilization, consider a light position to test the waters. The cost basis here is moderate, and risk is manageable. Stop-loss should be placed below 0.14200—if broken, it indicates the short-term upward momentum is exhausted, and immediate stop-loss is necessary to protect capital.

Conservative Strategy — Wait for Better Entry Opportunities

Prefer missing out over making mistakes. Focus on the deeper zone of 0.13500-0.13800. Deploy gradually at this level, with a lower cost basis and a more attractive risk-reward ratio. Set stop-loss at 0.13200—if broken, the short-term technical structure will undergo a fundamental change, and the position should be adjusted accordingly.

Regardless of the chosen plan, “setting stop-loss” and “controlling position size” are two non-negotiable defenses. Market opportunities are everywhere daily, but capital is only one, and proper proportioning remains the top priority.

Market Logic and Risk Reminder

Why Prefer Riding the Trend Over Counter-Trend?

Before a clear reversal signal appears, it’s better to stay calm rather than shorting. The biggest risk is not the pullback itself but getting out too early before the trend ends.

But “being bullish” does not mean “flooding in blindly.” Currently, market sentiment is extremely euphoric; chasing highs now is like jumping into a feast just as it’s ending—often costly. The wise approach is to wait for a lower-risk, higher-probability entry window.

Market Like a Sudden Storm

The current situation is akin to an unexpected downpour. Smart choice isn’t rushing into the rain but finding a solid support to hide under, then resuming once the rain eases. Follow the main trend to seek opportunities, but execution must prioritize stability—resist the impulse to chase highs or sell lows impulsively.

A calm hunter will go farther than an enthusiastic follower. Keep an eye on on-chain activity, combine it with technical signals, and proceed step-by-step carefully—that’s the long-term winning strategy.

Real-time Data: DOGE is currently priced at $0.14, with a 24-hour increase of +1.55%. The overall technical outlook remains bullish.