Recently, the Crypto Assets market has experienced a general Rebound, and DOGE is no exception. Multiple Favourable Information factors have jointly driven the DOGE price to pump, including Fed policy adjustments, the adoption of stablecoins by various states, and mining mergers and acquisitions. These factors have attracted more institutional funds into the market.

Currently, $0.24 has become an important turning point for DOGE. If it can gain effective support at this position, DOGE is expected to further attack $0.26. However, if it fails to hold this level, it may retreat to $0.21 to seek support.

From a technical perspective, DOGE has risen by 8% in the past 24 hours, with a price fluctuation range of around $0.02. Notably, trading volume has increased significantly by 97%, reaching 4.27 billion coins, and has shown a sustained upward trend since its low. Currently, $0.21 has become a confirmed support level, while $0.24 is a psychological barrier and an enhanced resistance level.

Market traders mainly focus on the following points:
1. Can 0.24 USD successfully break through and stabilize?
2. The game between large holders increasing their positions and retail investors taking profits.
3. The Potential Impact of Stablecoin Issuance on DOGE Liquidity
4. Changes in Open Interest in the Futures Market

In the short term, there is intense competition between bulls and bears for DOGE. Whether it can continue the current pump depends on the performance in the $0.24-0.26 range. Investors should closely monitor the trend in this price range to seize potential trading opportunities.