Dogecoin's Bullish Trend May Be Ending

Cover image via U.Today

Dogecoin的看漲趨勢可能會通過U.Today結束圖像

Dogecoin, the popular meme coin, has seen a strong uptrend over the past couple of months. However, it has recently broken below key support levels, casting doubt on its bullish momentum.

流行的模因硬幣Dogecoin在過去幾個月中看到了強大的上升趨勢。但是，它最近打破了關鍵支持水平，對其看漲勢頭產生了懷疑。

Support Breach

支持違規

DOGE has dropped below two crucial indicators that are often used as support during an uptrend: the 50 EMA ($0.31) and the 100 EMA ($0.26). The breakdown of these levels has increased bearish momentum, and DOGE is now trading at $0.24.

Doge已降至兩個關鍵指標以下，這些指標通常被用作上升趨勢期間的支撐：50 EMA（0.31美元）和100 EMA（0.26美元）。這些水平的分解增加了看跌勢頭，而Doge現在的交易價格為0.24美元。

Lower Highs and Lower Lows

降低高低

A change in structure suggests a downward trend in the market. DOGE has been making lower highs and lower lows recently, which is a sign that the bulls are losing control.

結構的變化表明市場上的下降趨勢。 Doge最近一直在縮小高潮和較低的低點，這表明公牛隊正在失去控制。

Weakening Volume Profile

量較弱的體積曲線

The most recent attempt at recovery has been met with a drop in buy-side volume. This indicates a lack of strong bullish sentiment and could be a sign that the rally is losing steam.

最新的恢復嘗試遇到了買方銷量下降。這表明缺乏強烈的看漲情緒，可能表明集會正在失去蒸汽。

Outlook

前景

The 200 EMA, currently around $0.24, serves as the last line of support. If this level breaks down, DOGE could exit its uptrend and enter a period of prolonged downtrend.

200 EMA（目前約為0.24美元）是最後一條支持。如果此級別分解，Doge可以退出其上升趨勢並進入長期下降趨勢的時期。

While a complete reversal is unlikely in the near future, a bounce from this level could offer a brief recovery toward the $0.26-$0.28 range. However, if selling pressure persists, DOGE could fall further toward $0.22 or even $0.20.

儘管在不久的將來不太可能發生完整的逆轉，但該級別的反彈可能會短暫恢復到$ 0.26- $ 0.28的範圍。但是，如果銷售壓力持續存在，Doge可能會進一步降至0.22美元甚至0.20美元。

Although Dogecoin has experienced significant recoveries in the past, the current corrections structure suggests that this time may be different. Multiple EMA losses, a sharp drop from the peak, and waning momentum all point to the end of DOGE's bullish trend.

儘管Dogecoin過去經歷了重大的回收率，但目前的校正結構表明這次可能有所不同。多次EMA損失，從峰值急劇下降，並且勢頭逐漸減弱，這都指向了Doge看漲趨勢的盡頭。