Dogecoin's Bullish Trend May Be Ending

Cover image via U.Today

Dogecoin的看涨趋势可能会通过U.Today结束图像

Dogecoin, the popular meme coin, has seen a strong uptrend over the past couple of months. However, it has recently broken below key support levels, casting doubt on its bullish momentum.

流行的模因硬币Dogecoin在过去几个月中看到了强大的上升趋势。但是，它最近打破了关键支持水平，对其看涨势头产生了怀疑。

Support Breach

支持违规

DOGE has dropped below two crucial indicators that are often used as support during an uptrend: the 50 EMA ($0.31) and the 100 EMA ($0.26). The breakdown of these levels has increased bearish momentum, and DOGE is now trading at $0.24.

Doge已降至两个关键指标以下，这些指标通常被用作上升趋势期间的支撑：50 EMA（0.31美元）和100 EMA（0.26美元）。这些水平的分解增加了看跌势头，而Doge现在的交易价格为0.24美元。

Lower Highs and Lower Lows

降低高低

A change in structure suggests a downward trend in the market. DOGE has been making lower highs and lower lows recently, which is a sign that the bulls are losing control.

结构的变化表明市场上的下降趋势。 Doge最近一直在缩小高潮和较低的低点，这表明公牛队正在失去控制。

Weakening Volume Profile

量较弱的体积曲线

The most recent attempt at recovery has been met with a drop in buy-side volume. This indicates a lack of strong bullish sentiment and could be a sign that the rally is losing steam.

最新的恢复尝试遇到了买方销量下降。这表明缺乏强烈的看涨情绪，可能表明集会正在失去蒸汽。

Outlook

前景

The 200 EMA, currently around $0.24, serves as the last line of support. If this level breaks down, DOGE could exit its uptrend and enter a period of prolonged downtrend.

200 EMA（目前约为0.24美元）是最后一条支持。如果此级别分解，Doge可以退出其上升趋势并进入长期下降趋势的时期。

While a complete reversal is unlikely in the near future, a bounce from this level could offer a brief recovery toward the $0.26-$0.28 range. However, if selling pressure persists, DOGE could fall further toward $0.22 or even $0.20.

尽管在不久的将来不太可能发生完整的逆转，但该级别的反弹可能会短暂恢复到$ 0.26- $ 0.28的范围。但是，如果销售压力持续存在，Doge可能会进一步降至0.22美元甚至0.20美元。

Although Dogecoin has experienced significant recoveries in the past, the current corrections structure suggests that this time may be different. Multiple EMA losses, a sharp drop from the peak, and waning momentum all point to the end of DOGE's bullish trend.

尽管Dogecoin过去经历了重大的回收率，但目前的校正结构表明这次可能有所不同。多次EMA损失，从峰值急剧下降，并且势头逐渐减弱，这都指向了Doge看涨趋势的尽头。