An analyst has explained how Dogecoin could be at a make-or-break level right now based on a technical analysis (TA) chart pattern.

一位分析師解釋了基於技術分析（TA）圖表模式，狗狗幣目前如何處於製造或破壞水平。

Analyst Explains Why Dogecoin Is At A Make-Or-Break Level

分析師解釋了為什麼Dogecoin處於構成或破壞水平

In a new post on X, analyst Ali Martinez has shared a TA pattern potentially forming in the meme coin's 1-week price chart. The pattern in question is an Ascending Channel, which appears when an asset trades between two parallel trendlines sloped upwards.

在X上的新帖子中，分析師Ali Martinez在Meme Coin的1週價格表中分享了一種可能形成的TA模式。所討論的模式是一個上升渠道，當資產在兩個平行趨勢線之間進行交易時，它會出現。

As the price curve moves inside the channel, it observes consolidation toward the upside. The upper line of the pattern acts as a ceiling, providing resistance when the asset retests it. Similarly, the lower line acts as a point of support.

隨著價格曲線在頻道內部移動，它觀察到了向上的整合。模式的上線充當天花板，在資產重新測試時提供阻力。同樣，下行也是支持點。

In the scenario that one of these levels breaks, the price can see a continuation of the trend in that direction. That is, a surge above the channel can be a bullish signal, while a drop under it is a bearish one.

在這些級別中斷的情況下，價格可以看到該方向趨勢的延續。也就是說，該通道上方的潮流可能是看漲的信號，而其下方的滴水是看跌的信號。

Now, here is the chart posted by the analyst displaying the Ascending Channel that the weekly Dogecoin price has been traveling inside for the last few years:

現在，這是分析師發布的圖表，顯示了過去幾年的每週狗狗價格一直在內部旅行的上升頻道：

The 1-week price of Dogecoin has recently witnessed a plunge to the support level of this multi-year Ascending Channel, situated around $0.16.

Dogecoin的1週價格最近見證了這一多年升級頻道的支持水平，售價約為0.16美元。

The last time that the meme coin retested this line was last year, and back then, the coin was able to find a successful bottom, which launched its price into a bull rally. Given this trend, the latest retest of the line could also prove to be crucial for the cryptocurrency, with the analyst even tagging the level as a "make-or-break" one.

Meme硬幣最後一次重新測試這條線是去年，當時，硬幣能夠找到成功的底部，將其價格推向了公牛集會。鑑於這一趨勢，該線路的最新重新測試也可能對加密貨幣至關重要，分析師甚至將水平標記為“製造或破壞”。

As for the potential scenarios that this retest can lead to, the analyst has noted, "if $0.16 holds, a rally to $0.57 could follow. If it fails, a drop to $0.06 becomes likely."

分析師指出，至於重新測試可能導致的潛在情況，“如果$ 0.16的持股量可能會隨後達到0.57美元。如果失敗，則可能會降至0.06美元。”

These targets are based on the Fibonacci Retracement levels, which are lines that correspond to important ratios from the popular Fibonacci series. Fibonacci Retracement levels are taken from a specific price top, with the point of the top corresponding to the 1 level.

這些目標基於斐波那契回縮水平，該線路與流行的斐波那契系列相對應的線。斐波那契回回級是從特定的價格上取出的，頂部的點對應於1級。

From the chart, it's visible that DOGE is currently trading almost exactly at the 0.786 level, making the asset's current retest have another layer of significance. A breakdown could send the coin to the next retracement level, 0.618, which corresponds to the $0.16 target that the analyst has given.

從圖表來看，Doge目前幾乎完全在0.786的水平上交易，這是可見的，這使資產當前的重新測試具有另一層的重要性。故障可以將硬幣發送到下一個回答水平為0.618，這對應於分析師給出的0.16美元目標。

Similarly, a surge upward could help Dogecoin touch the higher 1 level, situated around $0.57. It now remains to be seen how the memecoin's retest would go.

同樣，向上激增可以幫助Dogecoin接觸更高的1級，約為0.57美元。現在，Memecoin的重新測試將如何進行。