Dogecoin Stalls in Horizontal Channel Since August 8

自 8 月 8 日以來，狗狗幣在水平通道中停滯不前

Dogecoin (DOGE) has traced within a horizontal channel since August 8. Recently, it tested the resistance level but failed to break out due to a bearish divergence between price and trading volume.

狗狗幣（DOGE）自8月8日以來一直在水平通道內運行，近期測試阻力位，但因價格與成交量的看跌背離而未能突破。

Dogecoin Analysis

狗狗幣分析

The asset's movement within the channel reflects indecision among buyers and sellers. DOGE has encountered resistance at $0.11 and support at $0.09 since August 8. The recent price rally towards resistance represented a 4% increase over seven days.

資產在通路內的變動反映了買家和賣家之間的猶豫不決。自 8 月 8 日以來，DOGE 在 0.11 美元處遇到阻力，在 0.09 美元處遇到支撐。

Meanwhile, daily trading volume declined by 37%, resulting in a negative divergence with price. This suggests a lack of momentum for a sustained rally, potentially leading to a price correction.

同時，每日交易量下降了37%，導致價格出現負背離。這表明缺乏持續上漲的動力，可能導致價格回檔。

In contrast, upward price trends typically exhibit increased volume, indicating increased buying interest. The drop in trading volume during the price rise indicates weakening support for the rally.

相反，價格上漲趨勢通常表現出成交量增加，顯示購買興趣增加。價格上漲期間成交量下降表示漲勢支撐減弱。

Whale Activity

鯨魚活動

The absence of whale activity in the market further underscores DOGE's vulnerability to a downtrend. Data from IntoTheBlock shows a 100% decline in whale net flow, indicating their withdrawal from trading over the past week.

市場上鯨魚活動的缺乏進一步凸顯了 DOGE 面臨下行趨勢的脆弱性。 IntoTheBlock 的數據顯示，鯨魚淨流量下降了 100%，顯示它們在過去一周退出了交易。

Price Projection

價格預測

Despite the bearish divergence and lack of whale support, DOGE continues to trade sideways. The DOGE/TRY pair currently stands at 3.62 TL.

儘管存在看跌背離且缺乏鯨魚的支持，但 DOGE 仍繼續橫向交易。 DOGE/TRY 貨幣對目前為 3.62 TL。

Parabolic Stop and Reverse (SAR) indicator points remain below the price level since August 10, suggesting the absence of a clear upward trend.

自 8 月 10 日以來，拋物線停損和反轉 (SAR) 指標點一直低於價格水平，顯示缺乏明顯的上升趨勢。

If DOGE breaks above the upper channel line, it could potentially test $0.11. Conversely, a downward move could lead to a drop back to the $0.09 support and potentially $0.08.

如果 DOGE 突破上方通道線，則可能會測試 0.11 美元。相反，向下移動可能導致回落至 0.09 美元支撐位，甚至可能跌至 0.08 美元。