Dogecoin Teeters on Critical Support Levels, with Potential Declines

狗狗幣在關鍵支撐位上搖搖欲墜，有可能下跌

Dogecoin (DOGE) has shown signs of recovery, trading at $0.1253 with a 3.9% increase. However, it remains significantly down from its 2021 peak of $0.73, marking an 82% decrease.

狗狗幣 (DOGE) 顯示出復甦跡象，交易價格為 0.1253 美元，上漲 3.9%。然而，與 2021 年 0.73 美元的峰值相比，仍顯著下降，下降了 82%。

Cryptocurrency analyst YG Crypto warns that Dogecoin is teetering on a critical support zone between $0.11200 and $0.11500. A drop below this level could lead to a further slide towards $0.095, intensifying the bearish trend.

加密貨幣分析師 YG Crypto 警告稱，狗狗幣在 0.11200 美元至 0.11500 美元之間的關鍵支撐區域搖搖欲墜。跌破該水準可能會導致進一步跌向 0.095 美元，加劇看跌趨勢。

However, the analyst also highlights a potential for reversal. If Dogecoin can sustain a price above $0.16 and approach the upper limits of its current channel, it may overcome resistance and ascend to $0.170-$0.176.

然而，分析師也強調了逆轉的可能性。如果狗狗幣能夠維持在 0.16 美元以上的價格並接近當前通道的上限，它可能會克服阻力併升至 0.170-0.176 美元。

Despite the recent uptick, Dogecoin's long-term outlook remains unclear. The persistent bearish pressures could exacerbate if key support levels fail.

儘管最近有所上漲，但狗狗幣的長期前景仍不明朗。如果關鍵支撐位失靈，持續的看跌壓力可能會加劇。

Market Indicators

市場指標

Data from Coinglass indicates a growing interest from traders. Open interest has risen by 6% to $632 million, with a significant 33% increase in open interest volume.

Coinglass 的數據顯示交易者的興趣日益濃厚。未平倉合約增加了 6%，達到 6.32 億美元，未平倉合約數量大幅增加了 33%。

Whale transactions have also seen an uptick, with transactions exceeding $100k rising from below 800 to over 1000 in the past few days. This could imply that high-net-worth individuals or entities are either accumulating or selling significant amounts of DOGE.

鯨魚交易量也有所增加，超過 10 萬美元的交易量在過去幾天從少於 800 筆上升至超過 1000 筆。這可能意味著高淨值個人或實體正在累積或出售大量 DOGE。

Conclusion

結論

The looming question for Dogecoin holders and potential investors is whether the current support will hold or if the downward momentum will continue. YG Crypto's analysis suggests that a decline towards $0.095 is possible if support levels break. The recent increase in trading activity could indicate upcoming volatility.

對於狗狗幣持有者和潛在投資者來說，迫在眉睫的問題是當前的支撐是否會持續，或者下行勢頭是否會繼續。 YG Crypto 的分析表明，如果支撐位被突破，價格可能會跌至 0.095 美元。最近交易活動的增加可能預示著即將到來的波動。