DOGE 4-hour technical analysis: Bulls are gathering strength, these levels are worth paying attention to

PriceOracleFairy · 2026-01-16T07:40:13+00:00

Recently, DOGE prices have rebounded, but are still affected by selling pressure, leading to a contraction in short-term trading volume. Technical indicators show weakening of bearish momentum and signs of bullish accumulation. It is recommended to watch for rebound opportunities, but wait for trading volume to confirm before re-entering. Support is at 0.1352, and resistance is at 0.1515.

PriceOracleFairy

2026-01-16 07:40:13

Abstract generation in progress

【Crypto World】The recent 4-hour DOGE trend is interesting. Compared to the low point on 2026-01-15 16:00, the price has clearly rebounded this wave; but it has pulled back compared to the position the day before yesterday noon, showing a clear bearish engulfing pattern, and the last candlestick closed bearish, indicating selling pressure still exists.

In terms of trading volume, the last two hours have shown a significant contraction. The price has decreased with lower volume, a typical sign of market lull, indicating low short-term participation.

How to interpret technical indicators?

The MACD shows no clear direction, but the histogram remains negative and gradually shortens, indicating weakening bearish momentum, with bulls quietly gaining strength.

The KDJ indicator is currently in the oversold zone (at 17), with no obvious golden or death cross, but oversold itself is a signal.

The MA10 has been above MA30 for two consecutive periods (2026-01-15 20:00 and 2026-01-16 00:00). The short-term moving averages are already converging, and although the current trend is still downward, this convergence often signals a potential rebound.

Trading opportunity overview:

For buying, the first level is 0.13, the second level is 0.13714487, with a stop-loss for longs at 0.13662.

For selling, the first level is 0.1515, the second level is 0.150523, with a stop-loss for shorts at 0.14961.

Support level is 0.1352, resistance level is 0.1515. Recently, the fluctuation range has been between 0.13662 and 0.14961.

Overall, the oversold bottom features are obvious, bullish indicators are improving, and there may be a short-term rebound opportunity. However, the shrinking trading volume warrants caution; it is recommended to wait for volume confirmation before re-entering.

DOGE-3,67%

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TestnetScholar

· 7h ago

Decreasing volume bearish candle, bearish engulfing. This rhythm feels a bit familiar. But the KDJ is oversold at 17. If the bulls are gathering strength, when will they truly take off?

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BlockchainFries

· 7h ago

The narrative of accumulating strength with decreasing volume has been heard a hundred times, but it still depends on whether the support level holds or breaks. The bears are weakening, and the bulls are gathering strength... It feels like they're just waiting for a catalyst. KDJ is oversold at 17, brothers, do you dare to buy the dip? This wave of DOGE is just grinding on the support level, so annoying. Wait until the MA truly converges before saying anything; right now, there are no clear signals.

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quietly_staking

· 7h ago

The volume contraction is so intense, it feels like a big move is being held back. --- Oversold at 17? Why isn't it bouncing back yet? Can it really recover this time? --- The bulls are gathering strength, huh? Then I'll just watch quietly. --- Another bearish engulfing pattern. Why does this routine keep happening? --- How does the KDJ typically react at this position in history? --- It's shrinking like this, how much longer do we have to wait? Feeling anxious. --- The MA10 is still above the MA30, at least that's a good sign. --- When the MACD histogram shortens, does that mean the bulls are about to move? I’m not quite convinced. --- If it can't break through the position from midday the day before yesterday, it will be awkward. --- With volume shrinking and pulling back, as expected, no one is really trading.

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VirtualRichDream

· 7h ago

Decreasing volume bearish candle, the bears are weakening, the bulls are gathering strength, wait for the rebound.

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