Dogecoin (DOGE) price displayed an intraday decline of nearly 1% as it encountered resistance at $0.17. Nevertheless, the meme coin is preparing for a bounce with a falling wedge pattern, increasing the possibility of shaking out short-sided traders.

Dogecoin（Doge）的價格顯示近1％的盤中下降，因為它遇到了0.17美元的阻力。然而，模因硬幣正在準備以下降的楔形模式反彈，從而增加了搖晃副交易者的可能性。

However, will this recovery rally liquidate nearly 1% of $1.65B DOGE open interest?

但是，這種恢復集會是否會清算$ 1.65B的$ 1.65B開放利息的1％？

Dogecoin Price Analysis: 14% Breakout From Falling Wedge

Dogecoin價格分析：跌落楔的14％突破

The price action of Dogecoin is unfolding aحدث in the 4-hour time frame. Since April 23, the swing lows formed in Dogecoin connect to form a support trendline.

Dogecoin的價格動作在4小時的時間範圍內展開了حQ。自4月23日以來，在Dogecoin Connect中形成的鞦韆低點形成了支持趨勢線。

However, the bullish traders failed to push prices higher to form new swing highs, leading to the formation of an overhead resistance trendline. The converging trendlines gave rise to a falling-wedge pattern, presenting a barrier to the current trend in the DOGE price.

但是，看漲的商人未能將價格推高以形成新的搖擺高點，從而形成了架空阻力趨勢線。融合的趨勢線引起了傾斜的斜向模式，這對目前的總督價格趨勢構成了障礙。

At the present moment, the price of Dogecoin is testing the lower boundary line of the falling wedge pattern with a lower price rejection. This maneuver increases the chances of a new uptrend developing from the pattern.

目前，Dogecoin的價格正在測試下降楔形模式的下邊界線，價格降低。這種操縱增加了從模式發展新上升趨勢的機會。

The MACD and signal lines are also aligning with the potential for an upside move as the average lines converge for a positive crossover.

MACD和信號線還與上行移動的潛力保持一致，因為平均線收斂於正交叉。

Furthermore, Dogecoin is poised for takeoff as it takes a lower price rejection from the 200 Simple Moving Average line. The correction unfolding within the falling wedge pattern has resulted in the breakdown of the 50 and 100 SMA lines. This increases the possibility of a negative crossover between the average lines, which could serve as a sell signal.

此外，Dogecoin有望起飛，因為它比200個簡單的移動平均線需要較低的價格拒絕。在掉落的楔形模式中進行的校正導致了50和100 SMA線的崩潰。這增加了平均線之間負面交叉的可能性，這可以用作賣出信號。

According to Fibonacci analysis, a potential breakdown from the current price will likely impel a retest of the 38.20% Fibonacci level at $0.1560. Conversely, a bullish comeback in Dogecoin, clearing the overhead trendline, will likely propel prices by more than 14% to reach the $0.20 psychological mark.

根據斐波那契分析，當前價格的潛在細分可能會使38.20％斐波那契水平的重新測試為0.1560美元。相反，在Dogecoin中的看漲捲土重來，清除了高架趨勢線，可能會推動價格超過14％以達到0.20美元的心理標記。

Derivatives Data Warns Of Short Squeeze As Longs Clock 51.83%

衍生品數據警告短時間擠壓，渴望為51.83％

As the falling wedge pattern holds Dogecoin, the sentiments in the derivatives market are gradually turning positive. As per Coinglass data, long positions surged to 51.83% in Dogecoin derivatives in the past 4 hours.

隨著楔形模式持續下降，衍生品市場的情感逐漸變為積極。根據coinglass數據，在過去的4小時中，長位置飆升至Dogecoin衍生物的51.83％。

This has marginally turned the long-to-short ratio bullish at 1.076. As the long positions continue to surge, the Dogecoin volume-weighted funding rate is on the verge of flipping positive.

這在1.076的遙不可及比率上看漲。隨著長位置的持續增長，Dogecoin的體積加權率即將傾斜正向。

After momentarily dipping into negative territory, the Dogecoin funding rate stands at 0%. With the growing bullish confidence in the derivative market, the funding rate is likely to flip positive, reflecting bulls who are willing to pay a premium to keep their long positions.

暫時浸入負面的領土後，Dogecoin的資金率為0％。隨著對衍生品市場的看漲信心，資金率很可能會呈正面的傾向，反映出願意支付溢價以保持其長期頭寸的公牛。

Furthermore, the Dogecoin exchange liquidation map by Coinglass reflects that short-position holders are at a greater risk. If the Dogecoin price shows a bullish breakout, then an uptrend to $0.1735 will liquidate $14.18 million in short liquidations.

此外，塗料的Dogecoin交換清算圖反映出短位持有人面臨更大的風險。如果Dogecoin的價格顯示出現了看漲的突破，那麼上升到0.1735美元的上漲將在短時間清算中清算1418萬美元。

This could result in a short squeeze, which will further fuel the uptrend in the DOGE price. Thus, it could propel the Dogecoin price prediction of reaching the $0.20 mark.

這可能會導致短暫的擠壓，這將進一步加劇了總督價格上漲的趨勢。因此，它可以推動Dogecoin的價格預測達到0.20美元。

Will 96M DOGE Token Unlock Affect Price?

9600萬多吉令牌會影響價格嗎？

The short-term price movement and derivatives data signal a potential bullish move ahead. However, the meme coin will witness a minor surge in supply with token unlocks this week.

短期價格變動和衍生品數據表明了潛在的看漲前進。但是，模因硬幣將見證供應量的小幅增長，​​而代幣本週將解鎖。

As per the Tokenomist data, Dogecoin will witness an unlock of 97.89 million DOGE tokens, which is nearly $16.57 million in the next seven days. This accounts for 0.07% of the entire circulating supply of Dogecoin, registering a minor supply spike.

根據標記主義數據，Dogecoin將目睹9789萬個Doge代幣的解鎖，接下來的7天將接近1657萬美元。這佔狗狗幣的整個循環供應的0.07％，註冊了較小的供應峰值。

However, the linear nature of the token unlock is unlikely to lead to any sharp correction moves or exert significant pressure on the prevailing trend in the Dogecoin price.

但是，令牌解鎖的線性性質不太可能導致任何急劇的校正移動或對Dogecoin價格的普遍趨勢施加重大壓力。