Dogecoin (DOGE) Surges, Faces Crucial Resistance Level

狗狗币（DOGE）飙升，面临关键阻力位

Dogecoin (DOGE), the esteemed meme coin, has witnessed a remarkable price surge exceeding 70% in October 2024, reaching a critical resistance point. This rapid ascent raises concerns over potential price correction or consolidation, which could halt DOGE's upward trajectory.

狗狗币 (DOGE) 是备受推崇的模因币，其价格在 2024 年 10 月大幅飙升超过 70%，达到了关键阻力点。这种快速上涨引发了人们对潜在价格调整或整合的担忧，这可能会阻止 DOGE 的上涨轨迹。

Technical Analysis and Resistance Level

技术分析和阻力位

Expert technical analysts believe that DOGE is in a bullish trend but has encountered a formidable resistance level at $0.18. Since March 2024, the meme coin has encountered this resistance repeatedly, triggering sell-offs and price reversals.

专家技术分析师认为，DOGE 处于看涨趋势，但遇到了 0.18 美元的强大阻力位。自2024年3月以来，meme币多次遭遇这种阻力，引发抛售和价格逆转。

However, the sentiment has shifted, and a further rally is possible. For this to occur, DOGE must overcome this resistance and establish a daily candle close above $0.18. Should this happen, a 25% surge to $0.22 is highly probable. Conversely, price correction remains a possibility, given DOGE's recent uninterrupted surge.

然而，市场情绪已经发生转变，进一步反弹是可能的。为此，DOGE 必须克服这一阻力并将每日蜡烛收盘价建立在 0.18 美元之上。如果发生这种情况，则很有可能飙升 25% 至 0.22 美元。相反，鉴于 DOGE 最近不间断的飙升，价格调整仍然是可能的。

Bullish On-Chain Metrics

看涨链上指标

DOGE's bullish outlook is supported by on-chain data. Coinglass reports a Long/Short ratio of 1.09, signifying strong market bullishness. Additionally, a 14.1% increase in open interest indicates heightened trader and investor participation.

DOGE 的看涨前景得到了链上数据的支持。 Coinglass 的多空比率为 1.09，表明市场看涨势头强劲。此外，未平仓合约增长 14.1%，表明交易者和投资者的参与程度有所提高。

The confluence of positive on-chain metrics and technical analysis suggests that buyers are in control and may sustain DOGE's upward momentum.

积极的链上指标和技术分析的结合表明，买家处于控制之中，并可能维持 DOGE 的上升势头。

Current Market Behavior

当前的市场行为

At present, DOGE trades around $0.174, having gained over 10% in the past 24 hours. Trading volume has increased by 29%, indicating increased investor and trader attention.

目前，DOGE 交易价格约为 0.174 美元，过去 24 小时内涨幅超过 10%。交易量增加了 29%，表明投资者和交易者的关注度有所提高。