Recently, the price structure of Dogecoin has significantly strengthened, forming an upward channel composed of three higher lows ($0.1469, $0.1488, $0.1512). This indicates that there is continuous capital entering the market, with trading volume significantly increasing during each rise, while decreasing during pullbacks, which is an important signal for determining whether the market is healthy.

Recently, DOGE broke through the resistance level of $0.1505, marking the first breakthrough since late November. At the same time, Tuesday's trading volume surged to three times the average daily volume, further confirming the validity of this upward movement. Although the participation of large holders has slightly decreased, the price trend shows positive momentum: support levels are inclined upwards, the magnitude of each breakout attempt is increasing, and the response to intraday declines is very clear.

Technically, the $0.1470 support zone has become a key area for continued price increases and is the lower boundary of the upward channel. From a longer-term perspective, the $0.138 area remains a major bottom, aligning with Fibonacci retracement levels and the 200-week moving average, which attract long-term investors to enter the market.

In intraday trading, Dogecoin steadily rose at the open, and after breaking through $0.1505, trading volume rapidly expanded, with the price briefly surging to $0.1513. It then pulled back slightly, but buyers quickly intervened, stabilizing the price and pushing it back to the $0.1530 area. Ultimately, it closed in the upper half of the day's trading range, indicating that bulls still dominate.

Overall, Dogecoin shows a clear short-term upward trend, with strong bullish momentum and solid support levels. Short-term investors can pay attention to the resistance near $0.1530 while seizing buying opportunities brought by the upward channel.