Dogecoin Price: Amid the weekend sell-off in the crypto market, the popular memecoin DOGE witnessed a 21% correction with its price falling from $0.192 to $0.15. However, the correction lies within the safety net of the Fibonacci retracement tool and develops a bullish continuation pattern to indicate the asset is poised for further growth.

狗狗幣價格：在加密貨幣市場週末的拋售中，流行的 memecoin DOGE 出現了 21% 的回調，其價格從 0.192 美元跌至 0.15 美元。然而，修正位於斐波那契回撤工具的安全網之內，並形成一個看漲持續模式，顯示該資產準備進一步成長。

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另請閱讀：1 美元以下的 4 種加密寶石在 2024 年具有 1000 倍的潛力

Will $0.15 Support Hold Amid Market Correction?

Dogecoin (DOGE), the largest memecoin by market cap, has witnessed a surge in volatility recently evidenced by the long-wick rejection candle in the daily chart. However, the consolidation resonating within two converging trend lines indicates the formation of a bullish continuation pattern called Pennant.

市場調整期間 0.15 美元的支撐位會持續嗎？狗狗幣價格| TradingviewDogecoin (DOGE) 是市值最大的迷因幣，近期波動性激增，日線圖表中的長燈芯拒絕蠟燭就證明了這一點。然而，兩條聚合趨勢線內的盤整共振顯示形成了稱為三角旗的看漲持續模式。

The nature of this pattern suggests the DOGE price exhausted from the recent rally which surged its price from $0.084 to $0.206 and needed a minor pullback to regain its strength. 

這種模式的本質表明，DOGE 價格在最近的反彈中已經疲憊不堪，其價格從 0.084 美元飆升至 0.206 美元，需要小幅回調才能恢復強勢。

With a 6.9% intraday loss, the Dogecoin price teases a breakdown below the pattern’s lower trendline. If the market-wide correction bolstered sellers to break this support, the supply pressure will accelerate and invalidate the bullish thesis.

狗狗幣價格盤中下跌 6.9%，跌破該模式的較低趨勢線。如果整個市場的調整促使賣家突破這一支撐，供應壓力將加速並使看漲論點失效。

The post-breakdown fall may have plunged the memecoin value to $0.124 support.

崩潰後的下跌可能會使 memecoin 的價值暴跌至 0.124 美元的支撐位。

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另請閱讀：Meme 幣本週表現優於比特幣

Dogecoin Price Hints Breakout Strategy for the Next Fortnight

If the patterns hold true, the coin price may rebound from the lower trendline to continue the current consolidation. For this Dogecoin price to return to the recovery trend, the Buyer must break the pattern’s upper trendline. The pattern developed on a 4-hour chart hints at another 1-2 weeks of consolidation before a decisive breakout.

狗狗幣價格暗示下兩週的突破策略如果這種模式成立，狗狗幣價格可能會從較低的趨勢線反彈，繼續當前的盤整。為了讓狗狗幣價格回到復甦趨勢，買方必須突破模式的上部趨勢線。 4 小時圖表上形成的模式暗示，在決定性突破之前，還需要 1-2 週的盤整。

The potential breakout may surpass $0.2 and hit a theoretical target of $0.26.

潛在突破可能會超過 0.2 美元，並觸及 0.26 美元的理論目標。

Technical Indicator

• Exponential Moving Average: A fasting moving 20-day EMA offers immediate support for buyers to prevent further correction.
• Relative Strength Index: The daily RSI slope downtick at 54% reflects a waning bullish momentum in the market.

技術指標指數移動平均線：快速移動的 20 日均線為買家提供即時支撐，以防止進一步回調。相對強弱指數：每日 RSI 斜率下降 54%，反映出市場看漲勢頭減弱。