Dogecoin Approaches Support

狗狗幣尋求支持

After falling below $0.11, Dogecoin (DOGE) has reached a significant support range of $0.096-$0.01. Despite bearish momentum, DOGE's declining open interest suggests a weakening of the bearish trend.

在跌破 0.11 美元後，狗狗幣 (DOGE) 已達到 0.096 美元至 0.01 美元的重要支撐區間。儘管有看跌勢頭，但狗狗幣未平倉合約的下降表明看跌趨勢正在減弱。

Bearish Dominance

看跌主導

DOGE's reversal from $0.22 in May allowed bears to control the market, causing a series of red candles below the 20-day and 50-day EMAs.

DOGE 從 5 月的 0.22 美元開始逆轉，讓空頭控制了市場，導致一系列紅色蠟燭低於 20 日和 50 日均線。

Support Range and Potential Reversal

支撐範圍和潛在反轉

A potential reversal from the support range at $0.096-$0.01 could stem the decline and allow bulls to regain momentum.

0.096-0.01 美元支撐位的潛在逆轉可能會阻止跌勢，並使多頭重新獲得動力。

$0.101 Trading Price

交易價格 0.101 美元

At the time of writing, DOGE traded at around $0.101.

截至撰寫本文時，DOGE 的交易價格約為 0.101 美元。

Bear Pressure Continues

承受壓力持續

Since reversing from $0.22, bearish pressure has been dominant, with DOGE losing over 54% of its value in the past three months.

自 0.22 美元反轉以來，看跌壓力一直占主導地位，DOGE 在過去三個月內損失了超過 54% 的價值。

Descending Triangle Breakdown

下降三角形分解

The downtrend created a descending triangle pattern on the daily chart. After testing $0.129 for three months, bears broke below it, confirming the pattern.

下降趨勢在日線圖上形成了下降三角形形態。在連續三個月測試 0.129 美元後，空頭跌破該水平，確認了這一模式。

Support Range as Resistance

支撐範圍作為阻力

The $0.01-$0.096 support range is crucial to prevent further declines. High liquidity in this zone indicates potential resistance to further pullbacks.

0.01-0.096 美元的支撐區間對於防止進一步下跌至關重要。該區域的高流動性表明進一步回調的潛在阻力。

$0.11-$0.12 Resistance

$0.11-0.12 阻力位

A reversal from the support range could lead to a retest of the $0.11-$0.12 range. Above the 20 EMA, DOGE may enter a low-volatility zone.

支撐區間的逆轉可能導致重新測試 0.11 美元至 0.12 美元的區間。高於 20 EMA，DOGE 可能進入低波動區。

Downside Risk

下行風險

A decline below the support range could expose DOGE to further losses towards $0.08.

跌破支撐範圍可能會使 DOGE 進一步下跌至 0.08 美元。

RSI in Oversold Territory

RSI 處於超賣區域

The Relative Strength Index (RSI) remains in oversold territory, indicating a possible bullish reversal.

相對強弱指數（RSI）仍處於超賣區域，顯示可能出現看漲逆轉。

Declining Open Interest

持倉量下降

Coinglass data shows a decline in DOGE's open interest, implying uncertainty among traders. This could lead to either a reversal or consolidation.

Coinglass 數據顯示 DOGE 的未平倉合約下降，這意味著交易者存在不確定性。這可能導致逆轉或盤整。