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#数字资产市场洞察 Dogecoin has recently shown some signs of weakness. After breaking below the key level of 0.125, the technical outlook started to deteriorate, and a new wave of decline has followed. Currently, the price has fallen below 0.122, with all short-term moving averages pressing down from above, indicating that there is still considerable room for selling pressure to be released.
This current trend closely resembles a technical correction during a downtrend, and a reversal signal is not yet visible. Looking upward, around 0.1235 is an initial resistance, but the real challenge lies in the 0.128 to 0.130 range. If this area cannot be effectively broken through, the overall bearish pattern is likely to continue. Whether the situation can be reversed depends mainly on whether the price can break above this resistance zone.