Recently, a notable highlight in the cryptocurrency market is the performance of DOGE. On July 26, DOGE successfully broke through a long-standing trendline resistance, marking a significant increase in buying power.

This trend line has previously blocked multiple attempts for DOGE to rise, but this time the bullish strength has shown extraordinary resilience. More notably, this former resistance line has now turned into a new support level, providing a more solid foundation for DOGE's future price movements.

On July 25, prior to the breakout, DOGE experienced a pullback, with the price reaching around $0.23. This price level seemed to become an important support point, attracting a large number of buyers and effectively preventing further declines. It was this strong buying interest that propelled DOGE out of the previous consolidation phase, initiating new upward momentum.

From a technical analysis perspective, this breakthrough is significant. It not only breaks the trend of continuously declining lower points but more importantly marks the transition of DOGE's market status from a bear market to a bull market. This change typically signals more room for upward movement.

At the same time, the on-chain data for DOGE is also showing positive signals. The continued increase in trading activity reflects growing interest from investors in DOGE. This increase in on-chain activity is often seen as a precursor to price rises.

However, it is worth noting that the inherent high volatility of the cryptocurrency market still exists. Investors should remain cautious when making decisions and fully consider market risks. Although DOGE is currently showing positive signals, market conditions can change at any time.

Overall, the current technical and fundamental aspects of DOGE show positive signs. With the breakthrough of key resistance levels and the increase in on-chain activity, market attention on DOGE is rising. In this context, the future trend of DOGE is worth continuous attention.