Dogecoin's Bearish Momentum Tests $0.102 Support

狗狗币的看跌势头测试 0.102 美元支撑位

Dogecoin (DOGE) has been trending bearishly over the past ten days. The rejection from daily moving averages, including the $0.141 resistance level, has solidified bearish momentum.

过去十天，狗狗币（DOGE）一直呈看跌趋势。每日移动平均线的拒绝，包括 0.141 美元的阻力位，巩固了看跌势头。

Death Cross Risk Looms

死亡交叉风险迫在眉睫

The potential formation of a Death Cross, where the 200-day and 100-day moving averages cross to the downside, represents a significant bearish signal. This could further suppress Dogecoin's bullish prospects.

200 日和 100 日移动平均线向下交叉可能形成死亡交叉，这是一个重要的看跌信号。这可能会进一步抑制狗狗币的看涨前景。

Bearish Indicators

看跌指标

The Relative Strength Index (RSI) has dropped below the neutral 50 level, indicating a lack of buying pressure. The On-Balance Volume (OBV) has also resumed a downtrend, confirming bearish price action.

相对强弱指数 (RSI) 已跌破中性 50 水平，表明缺乏买盘压力。平衡成交量（OBV）也恢复了下降趋势，证实了看跌的价格走势。

Mixed Sentiment

情绪复杂

While social media engagement is bullish, as evidenced by a positive Weighted Sentiment, other metrics point to network stagnancy. The dormant circulation and mean dollar invested age have both seen increases, suggesting that old tokens are remaining inactive while new investments are limited.

虽然社交媒体参与度看涨，正如积极的加权情绪所证明的那样，但其他指标表明网络停滞不前。休眠流通量和平均美元投资年龄均有所增加，表明旧代币仍然不活跃，而新投资有限。

Support at $0.102

支撑位为 0.102 美元

Technical analysis suggests that Dogecoin is likely to test the $0.102 support level in the coming days. If this level breaks, further downward movement is possible.

技术分析表明，狗狗币可能会在未来几天测试 0.102 美元的支撑位。如果突破该水平，则可能进一步下跌。

Conclusion

结论

Dogecoin's bearish momentum and potential Death Cross formation highlight the short-term challenges it faces. However, the mixed sentiment and network stagnancy could indicate a potential for a bull run once bearish pressures subside.

狗狗币的看跌势头和潜在的死亡交叉形成凸显了其面临的短期挑战。然而，复杂的情绪和网络停滞可能表明，一旦看跌压力消退，牛市就有可能出现。