Dogecoin (CRYPTO: DOGE) is showing signs of selling pressure as it threatens to drop below a key support level that could put it one step away from a downtrend.

Dogecoin（加密貨幣：Doge）正在顯示出銷售壓力的跡象，因為它可能會降至關鍵支持水平以下，這可能使其遠離下降趨勢。

What Happened: Crypto analyst RLinda noted on the TradingView platform that Dogecoin is currently being sold off and is testing the panic zone.

發生了什麼：加密分析師Rlinda在TradingView平台上指出，Dogecoin目前正在出售並正在測試恐慌區。

"The last fib is 0.2135 (support), and we’re currently at 0.2145 (panic zone). A confirmed breakdown below this panic zone, especially if it pierces the 0.2135 support line, would not only liquidate long positions but also likely intensify selling pressure, leading to an uncontrolled price decline," RLinda stated.

“最後一個FIB為0.2135（支持），我們目前處於0.2145（恐慌區）。在此恐慌區域以下確認的細分，尤其是如果它刺穿0.2135支撐線，不僅會降低了賣出壓力，而且可能會增加銷售壓力，從而導致價格下降的價格下降，” Rlinda表示。 ” Rlinda表示。

The analyst explained that the coin’s distribution phase between May 9 and 11 ended in the $0.2600 range, marking the apex of its latest bullish impulse. During this phase, Dogecoin squandered all the potential it had accumulated in late April and early May.

分析師解釋說，5月9日至11日之間的硬幣分配階段以0.2600美元的範圍結束，標誌著其最新的看漲衝動的最高點。在此階段，Dogecoin浪費了它在4月下旬和5月初積累的所有潛力。

From that point, the price has been falling steadily, entering what RLinda describes as the correction or dump phase. This has caused the meme coin to test the 0.214 level, the current panic zone.

從那時起，價格一直在穩步下跌，進入了Rlinda所說的校正或轉儲階段。這導致模因硬幣測試了0.214水平，即當前的恐慌區。

Interestingly, this correction price action has been characterized by lower highs, leading to the formation of a triangle pattern that’s visible on the 2-hour timeframe. RLinda cautioned that if the triangle’s base is broken, this structural failure could reinforce bearish sentiment. This would open the door to downside targets closer to $0.20 and possibly even $0.19.

有趣的是，這種校正價格動作的特徵是較低的高點，導致形成了在2小時時間內可見的三角形模式。 Rlinda警告說，如果三角形的基礎破裂，這種結構性失敗可能會增強看跌的情緒。這將打開接近0.20美元甚至0.19美元的下行目標的大門。

Dogecoin traders will also want to keep an eye on the immediate resistance levels of $0.222 and $0.2307. These points represent key zones Dogecoin must reclaim to negate the current bearish setup. A move above these points, especially if the price consolidates above $0.23, will invalidate the bearish breakdown structure and could renew bullish sentiment.

Dogecoin交易者還將密切關注$ 0.222和0.2307美元的電阻水平。這些要點代表了狗狗幣必須收回以否定當前的看跌設置。超過這些要點的舉動，尤其是如果價格合併高於0.23美元，將使看跌的崩潰結構無效，並可能更新看漲的情緒。

However, RLinda emphasized that such a scenario is only worth considering after a clear confirmation, as current momentum still favors sellers.

但是，rlinda強調，這種情況只有在明確的確認後才值得考慮，因為目前的動力仍然有利於賣家。

On the other hand, the support levels of $0.2145 and $0.2135 are the final shields holding back further declines. A close below $0.2135 would confirm the continuation of the downtrend and push the Dogecoin price into a lower consolidation zone, with limited immediate support until $0.20126 and $0.19298.

另一方面，支持水平為0.2145美元和0.2135美元是最終阻礙進一步下降的盾牌。低於$ 0.2135的收盤價將確認下降趨勢的延續，並將Dogecoin的價格推向較低的合併區，直到$ 0.20126和0.19298美元，直接支持有限。

At the time of writing, Dogecoin is trading at $0.22, up 1.72% over the past 24 hours. This slight recovery hints at early signs of strength and may already be undermining the bearish setup.

在撰寫本文時，Dogecoin的交易價格為0.22美元，在過去的24小時內增長了1.72％。這種輕微的恢復暗示了早期的力量跡象，並且可能已經破壞了看跌的設置。

While this slight recovery is not enough on its own to confirm a bullish reversal, it does show that buyers are attempting to regain some control. If this momentum can be sustained into the new week, it could gradually pave the way for a more sustained move higher for Dogecoin during the week.

儘管這種輕微的恢復本身不足以確認看漲的逆轉，但它確實表明買家正在嘗試重新獲得某種控制權。如果這一勢頭可以持續到新的一周，那麼在一周內，Dogecoin的持續移動更高，它可能會逐漸鋪平道路。