Dogecoin Maintains Momentum Above Critical Support

Dogecoin在關鍵的支持下保持動力

Dogecoin's price has exhibited resilience, staying above the Volume-Weighted Average Price (VWAP) from its previous cycle high. If support holds, it could potentially ascend towards the $0.30 resistance.

Dogecoin的價格表現出了韌性，從其以前的周期高的量高於體積加權的平均價格（VWAP）。如果支持持有，它可能會登上0.30美元的電阻。

Crypto analyst Cantonese_Cat (@cantonmeow) observed the weekly chart, noting that DOGE is currently trading at $0.2589, representing a 3.98% increase. The VWAP from Dogecoin's 2021 all-time high has emerged as a robust support level, indicating historical price patterns are influencing its current behavior.

加密分析師Cantonese_cat（@CantonMeow）觀察到了每週圖表，並指出Doge目前的交易價格為0.2589美元，增長了3.98％。 Dogecoin 2021年曆史最高水平的VWAP已成為強大的支持水平，表明歷史價格模式正在影響其當前行為。

Examining the chart reveals that Dogecoin briefly dipped below the VWAP but swiftly reclaimed it, demonstrating its significance as a dynamic support level. Maintaining this support could be a positive indicator, suggesting a possible continuation of the prevailing uptrend. With sustained support at this level, traders could anticipate further price appreciation, with DOGE targeting the $0.30 resistance zone shortly.

檢查圖表表明，Dogecoin短暫地浸入VWAP以下，但迅速回收了它，表明其作為動態支撐水平的意義。維持此支持可能是一個積極的指標，這表明可能會延續普遍的上升趨勢。在此級別的持續支持下，交易者可以預期進一步的價格讚賞，而Doge不久將以0.30美元的態度針對$ 0.30。

Price Action Hints at Accumulation near Key Levels

價格動作暗示著接近關鍵水平的積累

Historically, the VWAP from previous cycle highs has acted as a magnet for price consolidation, often leading to substantial upward movements when broken out. The current chart structure of DOGE suggests accumulation, as price action remains well-supported despite the recent pullback. If DOGE sustains its strength above this level, it could confirm a retest and resumption of its bullish trajectory.

從歷史上看，先前週期高點的VWAP充當價格合併的磁鐵，通常會導致折斷時大量向上移動。目前，Doge的圖表結構表明積累，儘管價格動作仍然有充分的支持，儘管最近有回調。如果Doge保持其強度高於此水平，則可以確認其看漲軌蹟的重新測試和恢復。

However, a decisive break below VWAP could expose Dogecoin to further downside risks, with potential support near $0.20 serving as the next safety net. Traders will closely monitor whether buying pressure can sustain DOGE's position above VWAP, as failure to hold could result in increased volatility.

但是，在VWAP以下的決定性突破可能會使Dogecoin面臨進一步的下行風險，潛在的支持接近0.20美元，作為下一個安全網。交易者將密切監視購買壓力是否可以維持Doge在VWAP上方的位置，因為不舉行可能會增加波動性。

Bulls and Bears Vie for Control

公牛和熊爭奪控制

With Dogecoin reclaiming the VWAP from its last cycle high, traders are divided on its ability to maintain momentum. If buying interest persists, DOGE could challenge the $0.30 resistance, a level that has historically triggered strong reactions. Conversely, if sellers prevail, a drop below VWAP could shift sentiment in favor of the bears, bringing lower support levels into focus.

隨著Dogecoin從最後一個週期中回收VWAP，交易者的維持能力就會分配。如果購買興趣仍然存在，Doge可能會挑戰0.30美元的抵抗力，這一水平在歷史上引發了強烈的反應。相反，如果賣方佔上風，那麼VWAP以下的下降可能會轉移情緒，而轉向熊隊，從而使較低的支撐水平成為焦點。

Presently, DOGE's ability to remain above VWAP is a critical battleground, and traders should monitor volume inflows for confirmation of strength. If demand continues to rise, Dogecoin may be preparing for a new rally. However, if weakness surfaces, a more significant correction could be looming.

目前，Doge保持在VWAP之上的能力是一個關鍵的戰場，交易者應監視數量流入以確認力量。如果需求繼續增加，Dogecoin可能正在為新的集會做準備。但是，如果弱點表面，更明顯的校正可能會迫在眉睫。

Tags:
Altcoin, Crypto market, Cryptocurrency, Dogecoin

標籤：Altcoin，加密市場，加密貨幣，Dogecoin