Dogecoin (DOGE) has maintained its position near the $0.077 horizontal support level since the year began. Analysis of both daily and six-hour time frames, along with RSI readings, suggests a potential downtrend in DOGE’s price. Nevertheless, breaching the resistance trendline might trigger a rebound, defying bearish expectations.

自今年年初以来，狗狗币 (DOGE) 一直维持在 0.077 美元水平支撑位附近。对每日和六小时时间框架以及 RSI 读数的分析表明 DOGE 价格存在潜在下降趋势。然而，突破阻力趋势线可能会引发反弹，打破悲观预期。

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DOGE price is currently trading within a long-term corrective pattern and a short-term bearish trend. It has revisited a horizontal support zone established since the beginning of the year. The critical question remains: will it bounce off this support level or break down?

DOGE 价格目前处于长期调整模式和短期看跌趋势中。它重新审视了今年年初以来建立的水平支撑区。关键问题仍然是：它会从该支撑位反弹还是崩溃？

Dogecoin (DOGE) Technical Analysis

The daily time frame analysis reveals a downward trajectory in DOGE’s price since its peak at $0.107 on December 11, 2023. This decline occurred within the confines of an ascending parallel channel that had been in place since June 2023.

狗狗币 (DOGE) 技术分析每日时间框架分析显示，DOGE 的价格自 2023 年 12 月 11 日达到峰值 0.107 美元以来一直呈下降趋势。这种下跌发生在自 2023 年 6 月以来一直存在的上升平行通道的范围内。

Although Dogecoin experienced a rebound at the midline of this pattern, it faced rejection twice at the resistance trend line, marked by red icons on January 11 and 21, 2024, respectively. Currently, DOGE is trading near the midline of the channel.

尽管狗狗币在该形态的中线经历了反弹，但它在阻力趋势线处两次遭遇拒绝，分别于2024年1月11日和21日以红色图标为标志。目前，DOGE 交易于通道中线附近。

DOGE/USDT Daily Chart. Source: TradingView

DOGE/USDT 每日图表。来源：TradingView

In terms of momentum, the daily Relative Strength Index (RSI) provides a bearish indication. The RSI, a key momentum indicator used by traders to assess market conditions, suggests whether an asset is overbought or oversold, informing decisions to buy or sell.

就动能而言，每日相对强度指数（RSI）提供了看跌迹象。 RSI 是交易者用来评估市场状况的关键动量指标，它表明资产是否超买或超卖，为买入或卖出决策提供信息。

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With readings above 50 and an upward trend indicating a bullish market sentiment, readings below 50 signal the opposite. Presently, the RSI sits below 50 (highlighted by a red circle), indicative of a bearish trend in DOGE’s price.

读数高于 50 且上升趋势表明市场情绪看涨，读数低于 50 则表明相反的情况。目前，RSI 低于 50（以红色圆圈突出显示），表明 DOGE 价格呈看跌趋势。

Also Read: Ripple Co-Founder: Hold XRP; Avoid Selling Below $10000

另请阅读：Ripple 联合创始人：持有 XRP；避免售价低于 10000 美元

Dogecoin (DOGE) Six-Hour Time Frame Analysis

On the six-hour time frame, Dogecoin (DOGE) has been tracking beneath a descending resistance trend line since December 2023. This trend line, coupled with the $0.077 horizontal support level, has formed a descending triangle pattern, typically considered bearish.

狗狗币（DOGE）六小时时间框架分析在六小时时间框架上，狗狗币（DOGE）自 2023 年 12 月以来一直在下降阻力趋势线下方追踪。这条趋势线与 0.077 美元的水平支撑位相结合，形成了下降趋势线。三角形形态，通常被视为看跌。

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Currently, DOGE hovers just above this crucial support area, while the Relative Strength Index (RSI) has dipped below the 50 mark (indicated by a red circle). A breakdown below this support level could potentially lead to a significant 27% decline, targeting the nearest support at $0.057.

目前，DOGE 徘徊在这一关键支撑区域上方，而相对强弱指数 (RSI) 已跌破 50 关口（以红色圆圈表示）。跌破该支撑位可能会导致大幅下跌 27%，最近的支撑位为 0.057 美元。

DOGE/USDT Six-Hour Chart. Source: TradingView

DOGE/USDT 六小时图。来源：TradingView

However, despite the bearish outlook, a robust rebound from the $0.077 support zone could catalyze a breakout from the resistance trend line. This breakout scenario could prompt a 12% upswing, aiming for the next resistance level at $0.087.

然而，尽管前景看跌，但从 0.077 美元支撑区的强劲反弹可能会促使突破阻力趋势线。这种突破情景可能会促使价格上涨 12%，目标是下一个阻力位 0.087 美元。

Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.

重要提示：请注意，本文仅旨在提供信息，不应被视为法律、税务、投资、财务或任何其他类型的建议。