After a 208% breakout in early November, Dogecoin (DOGE) has consolidated within a tight range between $0.35 and $0.48 for four weeks. DOGE's recent price correction led to a breakout below an ascending trendline, indicating a potential bearish trend shift.

在 11 月初突破 208% 后，狗狗币 (DOGE) 在 0.35 美元至 0.48 美元之间的窄幅区间内盘整了四个星期。 DOGE 最近的价格调整导致其突破上升趋势线，表明潜在的看跌趋势转变。

However, one analyst pointed out that Dogecoin could be on the brink of another uptrend based on a key technical indicator and a repetitive setup from March 2024.

然而，一位分析师指出，基于关键技术指标和 2024 年 3 月以来的重复设置，狗狗币可能正处于另一次上升趋势的边缘。

Dogecoin Uptrend Could Happen "Any Time"

Dogecoin上升趋势可能“随时”发生

Despite a 16% decline this week, Trader Tardigrade, a crypto pattern analyst, pointed out that Dogecoin's strong overbought signal of the daily RSI has been reset.

尽管本周下降了16％，但加密模式分析师Trader Tardigrade指出，Dogecoin的每日RSI的强烈过多信号已经重置。

An overbought condition on the relative strength index (RSI) indicates the possibility of traders selling the crypto asset, which can cause a short-term decline in value.

相对强度指数（RSI）的过分买卖条件表明，出售加密资产的交易者的可能性可能会导致价值短期下降。

[Image: Dogecoin analysis by Trader Tardigrade]

[图片：Trader Tardigrade 的狗狗币分析]

Previously, when the RSI's overbought condition "eased back" to 50 in March 2024, a strong uptrend was observed on its daily chart. Based on the chart, the analyst hinted that a breakout above $0.50 over the next few days could happen "at any time."

以前，当RSI在2024年3月的“恢复到50”中的过多购买状况“将其恢复到50个时，在其每日图表上都观察到了强大的上升趋势。根据图表，分析师暗示，在接下来的几天中，可能会发生“任何时候”。

Data from Santiment, a data analytics platform, also mentioned that DOGE's "mean dollar invested age" is flashing a bullish signal. The mean age of investment is down 31% in eight weeks for the crypto asset, indicating that dormant coins are returning to circulation. With respect to bullish momentum, the platform mentioned in an X post,

数据分析平台Santiment的数据也提到，DOGE的“平均美元投资年龄”正在闪烁看涨信号。加密资产的平均投资期限在八周内下降了 31%，这表明休眠的代币正在恢复流通。关于看涨势头，该平台在 X 帖子中提到，

"The 2017 and 2021 bull markets similarly did not come to a halt until assets' mean ages started going 'up' (getting older) again."

“2017 年和 2021 年的牛市同样没有停止，直到资产的平均年龄再次开始‘上升’（变老）。”

DOGE Could See a Liquidity Swipe Between $0.32 to $0.34

DOGE 的流动性可能会在 0.32 美元至 0.34 美元之间波动

While the long-term trend remains bullish, Dogecoin can drop to collect liquidity between $0.32 and $0.34 before exhibiting a higher high value. As observed, DOGE's recent lows at $0.365 were swiped on Nov. 26, but further liquidity lows remain around $0.34 and $0.32.

尽管长期趋势仍然看涨，但在表现出更高的高价值之前，Dogecoin可以下降以收集0.32至0.34美元的流动性。如观察到的那样，Doge最近的低点（0.365美元）于11月26日刷新，但进一步的流动性低点仍左右$ 0.34和0.32美元。

[Image: Dogecoin 1-day chart side-by-side analysis]

[图片：Dogecoin 1天图并排分析]

The important observation is that RSI eased back to 50 during the same time (as illustrated above) as the 50-day EMA was tested. Other similar confluences include the daily bearish engulfing pattern and ascending trendline breakout below, underlying the strong similarity of the past and present setup.

重要的观察结果是，在测试 50 日均线的同时，RSI 回落至 50（如上图所示）。其他类似的汇合包括每日看跌吞没模式和下方的上升趋势线突破，这表明过去和现在的设置具有很强的相似性。

Thus, a retest of the 50-day EMA and a drop to $0.34 and $0.32 can occur before its next bullish leg up.

因此，在下一次看涨上涨之前，可能会重新测试 50 日均线并跌至 0.34 美元和 0.32 美元。

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

本文不包含投资建议或建议。每个投资和交易举动都涉及风险，读者在做出决定时应进行自己的研究。