Recently, I observed an interesting phenomenon: the number of DOGE wallets is continuously increasing. Does this indicate a new wave of opportunities?

First, let's discuss the current market situation. DOGE is trading around $0.137146. Although the RSI indicator shows a level of 45.2, indicating a lack of obvious upward momentum, from the perspective of wallet growth, new participants are constantly entering the market. What does this usually mean? More active addresses, more long-term participants, rather than just speculative funds.

Let's analyze the key technical levels: the current support is at $0.127546, with resistance at $0.146746. The truly noteworthy breakout point is $0.144003. If the price can break through this level, there could be a subsequent wave of accelerated movement.

From a trading perspective, a reasonable approach might be: consider entering a small position at the current level, with a stop-loss set below $0.127546, and an initial target at $0.146746. Once the price breaks through the critical level of $0.144003, market expectations often adjust quickly, making additional positions justified. Of course, managing your mindset is crucial at such times, as the actual market movement often differs from expectations.

The signal of wallet growth is indeed worth paying attention to. However, in practical trading, it’s important to combine this with specific technical signals rather than acting solely based on news. What do you think about the opportunity at this price level?