Dogecoin (DOGE) Poised for Bullish Breakout

狗狗幣（DOGE）即將迎來看漲突破

Dogecoin (DOGE), the popular meme-inspired cryptocurrency, is exhibiting signals that suggest it may be on the threshold of a significant bullish breakout. According to a recent analysis by prominent crypto analyst Ali, the meme-inspired cryptocurrency appears to be approaching a critical resistance level, with market behaviors hinting at potential upward movement.

狗狗幣（DOGE）是一種流行的受迷因啟發的加密貨幣，它所表現出的訊號表明它可能正處於重大看漲突破的門檻上。根據著名加密貨幣分析師阿里最近的分析，這種受迷因啟發的加密貨幣似乎正在接近關鍵阻力位，市場行為暗示潛在的上漲趨勢。

Eyes Set on Breaking the $0.2 Resistance Level

著眼於突破 0.2 美元阻力位

Ali, a well-known market analyst, points out that Dogecoin is testing the possibility of reaching its highest price level in over a month at $0.2. His analysis is based on DOGE's recent breakout from a descending triangle pattern, which typically suggests a shift in market dynamics favoring buyers. Following a pattern similar to the previous cycle, where DOGE experienced a retracement after breaking out from a descending pattern before rallying, the asset has recently completed a significant 47% retracement. This movement has led Ali to highlight the market's tendency to echo past patterns, though not perfectly. With the breakout from the descending pattern and subsequent retracement now complete, DOGE is positioning itself for another push toward the $0.2 resistance level.

著名市場分析師阿里指出，狗狗幣正在測試達到一個多月以來最高價格水準 0.2 美元的可能性。他的分析基於 DOGE 最近突破下降三角形模式，這通常表明市場動態發生了有利於買家的轉變。遵循與上一個週期類似的模式，DOGE 在反彈之前突破下降模式後經歷了回調，該資產最近完成了 47% 的大幅回調。這一趨勢促使阿里強調市場傾向於呼應過去的模式，儘管並非完美。隨著下行形態的突破和隨後的回檔現已完成，DOGE 正在準備再次推動 0.2 美元阻力位。

History doesn't repeat itself, but it often rhymes!!

歷史不會重演，但往往會押韻！

This level has proven challenging, with selling pressure frequently intensifying around this range. However, the broader market sentiment remains bullish, which could support Dogecoin's push toward this key price point. Notably, to reach $0.2, DOGE would need to increase further by nearly 20% from its current position. Currently, the memecoin is trading at $0.168, reflecting a 10% increase over the past 24 hours and continuing a week-long uptrend that has seen nearly a 15% increase.

事實證明，這一水平具有挑戰性，拋售壓力經常在該範圍附近加劇。然而，更廣泛的市場情緒仍然看漲，這可能支持狗狗幣向這個關鍵價格點推進。值得注意的是，要達到 0.2 美元，DOGE 需要在目前的基礎上進一步增加近 20%。目前，memecoin 的交易價格為 0.168 美元，在過去 24 小時內上漲了 10%，並延續了為期一周的上漲趨勢，漲幅接近 15%。

Surging Interest in Dogecoin and Strong Upside Signal

對狗狗幣的興趣高漲和強勁的上漲訊號

The positive movement in DOGE's price performance is further underscored by a surge in DOGE's open interest, which has risen by 23% in the past day to reach $1 billion, according to data from Coinglass.

根據 Coinglass 的數據，DOGE 未平倉合約的激增進一步凸顯了 DOGE 價格表現的積極走勢，過去一天，DOGE 未平倉合約增加了 23%，達到 10 億美元。

Additionally, the open interest volume has soared by 200%, now at nearly $4 billion. An increase in open interest indicates that new market participants are entering or existing positions are being expanded. This can be a sign of strengthening market activity and a supportive factor for the ongoing price increase.

此外，未平倉合約量激增 200%，目前已接近 40 億美元。未平倉合約的增加表明新的市場參與者正在進入或現有部位正在擴大。這可能是市場活動加強的跡象，也是價格持續上漲的支撐因素。

Echoing Ali's sentiment, another analyst from Crypto Daily Trade Signals identified a symmetrical triangle pattern in DOGE's price movements, reinforcing the potential for continued upward momentum.

Crypto Daily Trade Signals 的另一位分析師與 Ali 的觀點相呼應，他們發現 DOGE 的價格走勢存在對稱三角形模式，增強了持續上漲勢頭的潛力。

According to this analysis, Dogecoin is showing signs of bullish behavior, with immediate resistance near $0.15950. However, since DOGE already surpassed that, the analyst noted other resistance levels at $0.16980 and $0.18440.

根據此分析，狗狗幣顯示出看漲行為的跡象，立即阻力位於 0.15950 美元附近。然而，由於 DOGE 已經超過了該水平，分析師指出其他阻力位為 0.16980 美元和 0.18440 美元。

Featured image created with DALL·E, Chart from TradingView

使用 DALL·E 創建的特色圖片，來自 TradingView 的圖表