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的价格在6.74％的回调中下跌至0.2168美元，测试了200天EMA。随着期货清算增长12.53％，开放利息下降，看涨的模式有破解的风险。

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?

随着加密货币市场退缩，模因硬币正努力保持高于关键支持水平。 Dogecoin下跌了6.74％，其200天EMA的测试为0.2168美元。供应压力增加会破坏多霉素的短期看涨模式吗？

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.

在每日图表上，Dogecoin的价格行动仍处于更广泛的下降趋势中，并且有强大的下降阻力趋势线。这种趋势线反映了自2024年12月以来一直存在的低级形成。

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，低于50％斐波那契水平的短期合并为0.2566美元，已经形成了倒置的头和股模式。这种看涨模式的领口恰逢50％的斐波那契水平，0.25美元的供应区和下降趋势线。

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的测试为200天EMA $ 0.2168，低于38.20％的斐波那契回收率，为0.2227美元。尽管盘中下降，但价格仍在看涨模式的潜在右肩阶段之内。

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.

低于100天EMA $ 0.2060的故障将使看涨的设置无效，并将下行风险提高到0.1869美元，这与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.

在看涨的一面，领口上方的突破可能导致狗狗币的95％集会，以0.50美元的目标为目标。

Dogecoin Futures Long Liquidations Exceed $12 Million

Dogecoin期货长期清算超过1200万美元

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.

在现货价格下跌的情况下，Dogecoin Futures受到了重大打击。在过去的24小时内，开放利息下降了1.55％，下降到26.4亿美元。此外，同一时期长期清算率达到了1,253万美元。

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

与长期清算的兴趣下降，这是在狗狗币期货中产生看跌期权的统治地位。

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，在过去的24小时内，远程比率为0.9612，反映了轻微的看跌感情。此外，从最近的0.0097％的峰值开始，开放利息加权的融资率已下降到0.0014％，强调了看涨意愿持有长期头寸的急剧下降。

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

总体而言，衍生品数据表明，如果市场波动持续存在，则有可能进行更陡峭的狗蛋白校正。