Dogecoin's Bearish Momentum Tests $0.102 Support

狗狗幣的看跌勢頭測試 0.102 美元支撐位

Dogecoin (DOGE) has been trending bearishly over the past ten days. The rejection from daily moving averages, including the $0.141 resistance level, has solidified bearish momentum.

過去十天，狗狗幣（DOGE）一直呈現看跌趨勢。每日移動平均線的拒絕，包括 0.141 美元的阻力位，鞏固了看跌勢頭。

Death Cross Risk Looms

死亡交叉風險迫在眉睫

The potential formation of a Death Cross, where the 200-day and 100-day moving averages cross to the downside, represents a significant bearish signal. This could further suppress Dogecoin's bullish prospects.

200 日和 100 日移動平均線向下交叉可能形成死亡交叉，這是一個重要的看跌訊號。這可能會進一步抑制狗狗幣的看漲前景。

Bearish Indicators

看跌指標

The Relative Strength Index (RSI) has dropped below the neutral 50 level, indicating a lack of buying pressure. The On-Balance Volume (OBV) has also resumed a downtrend, confirming bearish price action.

相對強弱指數 (RSI) 已跌破中性 50 水平，顯示缺乏買盤壓力。平衡成交量（OBV）也恢復了下降趨勢，證實了看跌的價格走勢。

Mixed Sentiment

情緒複雜

While social media engagement is bullish, as evidenced by a positive Weighted Sentiment, other metrics point to network stagnancy. The dormant circulation and mean dollar invested age have both seen increases, suggesting that old tokens are remaining inactive while new investments are limited.

雖然社群媒體參與度看漲，正如積極的加權情緒所證明的那樣，但其他指標表明網路停滯不前。休眠流通量和平均美元投資年齡均增加，顯示舊代幣仍不活躍，而新投資有限。

Support at $0.102

支撐位為 0.102 美元

Technical analysis suggests that Dogecoin is likely to test the $0.102 support level in the coming days. If this level breaks, further downward movement is possible.

技術分析表明，狗狗幣可能會在未來幾天測試 0.102 美元的支撐位。如果突破該水平，則可能會進一步下跌。

Conclusion

結論

Dogecoin's bearish momentum and potential Death Cross formation highlight the short-term challenges it faces. However, the mixed sentiment and network stagnancy could indicate a potential for a bull run once bearish pressures subside.

狗狗幣的看跌勢頭和潛在的死亡交叉形成凸顯了其面臨的短期挑戰。然而，複雜的情緒和網路停滯可能表明，一旦看跌壓力消退，多頭市場就有可能出現。