Dogecoin price is slipping to $0.2168 amid a 6.74% pullback, testing the 200-day EMA. With futures liquidations up 12.53% and open interest falling, the bullish pattern is at risk of breaking down.

Dogecoin的價格在6.74％的回調中下跌至0.2168美元，測試了200天EMA。隨著期貨清算增長12.53％，開放利息下降，看漲的模式有破解的風險。

As the crypto market pulls back, meme coins are struggling to hold above key support levels. Dogecoin is down 6.74%, testing its 200-day EMA at $0.2168. Will the increasing supply pressure undermine Dogecoin's short-term bullish pattern?

隨著加密貨幣市場退縮，模因硬幣正努力保持高於關鍵支持水平。 Dogecoin下跌了6.74％，其200天EMA的測試為0.2168美元。供應壓力增加會破壞多黴素的短期看漲模式嗎？

On the daily chart, Dogecoin's price action remains in a broader downtrend, with a strong descending resistance trendline in place. This trendline reflects the lower-high formation that has persisted since December 2024.

在每日圖表上，Dogecoin的價格行動仍處於更廣泛的下降趨勢中，並且有強大的下降阻力趨勢線。這種趨勢線反映了自2024年12月以來一直存在的低級形成。

However, short-term consolidation below the 50% Fibonacci level at $0.2566 has formed an inverted head-and-shoulders pattern. The neckline of this bullish pattern coincides with the 50% Fibonacci level, the $0.25 supply zone, and the descending trendline.

但是，低於50％斐波那契水平的短期合併為0.2566美元，已經形成了倒置的頭和股模式。這種看漲模式的領口恰逢50％的斐波那契水平，0.25美元的供應區和下降趨勢線。

Currently, Dogecoin is testing the 200-day EMA at $0.2168, falling below the 38.20% Fibonacci retracement level at $0.2227. Despite the intraday decline, the price remains within the potential right-shoulder phase of the bullish pattern.

目前，Dogecoin的測試為200天EMA $ 0.2168，低於38.20％的斐波那契回收率，為0.2227美元。儘管盤中下降，但價格仍在看漲模式的潛在右肩階段之內。

A breakdown below the 100-day EMA at $0.2060 would invalidate the bullish setup and increase the downside risk toward $0.1869, which is aligned with the 23.60% Fibonacci level.

低於100天EMA $ 0.2060的故障將使看漲的設置無效，並將下行風險提高到0.1869美元，這與23.60％的斐波那契水平保持一致。

On the bullish side, a breakout above the neckline could lead to a 95% rally in Dogecoin, targeting the $0.50 mark.

在看漲的一面，領口上方的突破可能導致狗狗幣的95％集會，以0.50美元的目標為目標。

Dogecoin Futures Long Liquidations Exceed $12 Million

Dogecoin期貨長期清算超過1200萬美元

Amid the drop in spot prices, Dogecoin futures have taken a significant hit. Over the past 24 hours, open interest has declined by 1.55%, falling to $2.64 billion. Additionally, long liquidations hit $12.53 million in the same period.

在現貨價格下跌的情況下，Dogecoin Futures受到了重大打擊。在過去的24小時內，開放利息下降了1.55％，下降到26.4億美元。此外，同一時期長期清算率達到了1,253萬美元。

The drop in open interest alongside rising long liquidations signals growing bearish dominance in Dogecoin futures.

與長期清算的興趣下降，這是在狗狗幣期貨中產生看跌期權的統治地位。

Currently, the long-to-short ratio stands at 0.9612 over the past 24 hours, reflecting slight bearish sentiment. Moreover, the open interest-weighted funding rate has dropped to 0.0014% from a recent peak of 0.0097%, highlighting a sharp decline in bullish intent to hold long positions.

目前，在過去的24小時內，遠程比率為0.9612，反映了輕微的看跌感情。此外，從最近的0.0097％的峰值開始，開放利息加權的融資率已下降到0.0014％，強調了看漲意願持有長期頭寸的急劇下降。

Altogether, derivatives data indicate the potential for a steeper correction in Dogecoin if market volatility persists.

總體而言，衍生品數據表明，如果市場波動持續存在，則有可能進行更陡峭的狗蛋白校正。