#数字资产市场动态 Dogecoin triangle support faces testing, and the decline may continue to widen?
The recent market has been a bit unstable. $DOGE is repeatedly tugging at the $0.12 support line, trying to create space for the upcoming rebound. But the problem is, the technical outlook looks a bit grim—some analysts point out that if the support line is not stable, the next move could be directly to $0.096, with a decline approaching 15%. 📉
The current situation is a bit awkward. Trading volume is sluggish, buying interest is clearly weak, and the bulls are losing control of the pace. As long as the price stays below $0.14-$0.15, the bearish market sentiment won't fade. In the short term, it might just be a phase of consolidation and testing, and the true direction will only become clear with the next move.
But don't be completely bearish either. If the $0.12-$0.13 demand zone can hold, a rebound to $0.18 is not impossible, and this could be the opportunity for the bulls to turn things around. 💡
Currently trading at $0.122, the weekly decline has already reached 7.3%. In the coming period, sideways consolidation and small rebounds may alternate, but the overall trend remains more bearish.
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down_only_larry
· 11h ago
If you can't hold 0.12, just go directly to 0.09 and don't complain about rebound opportunities.
View OriginalReply0
WalletDoomsDay
· 11h ago
0.12 this threshold really can't hold anymore, feels like it's about to break
Feeling like we're about to get chopped again, this wave seems all downward
Can Dogecoin hold this time? It's a bit uncertain
Buyers lack strength, it's hard to watch
Let's wait and see, maybe there's still a rebound opportunity, not necessarily
View OriginalReply0
MetaverseVagrant
· 11h ago
0.12 Why is this hurdle so hard, it feels like it is about to be broken
View OriginalReply0
quietly_staking
· 11h ago
The 0.12 line really can't hold, it feels like it will break.
View OriginalReply0
RugpullSurvivor
· 11h ago
0.12 dropped again, I bet this wave will continue to crash down to 0.09
#数字资产市场动态 Dogecoin triangle support faces testing, and the decline may continue to widen?
The recent market has been a bit unstable. $DOGE is repeatedly tugging at the $0.12 support line, trying to create space for the upcoming rebound. But the problem is, the technical outlook looks a bit grim—some analysts point out that if the support line is not stable, the next move could be directly to $0.096, with a decline approaching 15%. 📉
The current situation is a bit awkward. Trading volume is sluggish, buying interest is clearly weak, and the bulls are losing control of the pace. As long as the price stays below $0.14-$0.15, the bearish market sentiment won't fade. In the short term, it might just be a phase of consolidation and testing, and the true direction will only become clear with the next move.
But don't be completely bearish either. If the $0.12-$0.13 demand zone can hold, a rebound to $0.18 is not impossible, and this could be the opportunity for the bulls to turn things around. 💡
Currently trading at $0.122, the weekly decline has already reached 7.3%. In the coming period, sideways consolidation and small rebounds may alternate, but the overall trend remains more bearish.