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#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.