Recently looked at the Dogecoin trend, and there's some interesting movement on the 4-hour chart. As of the afternoon of January 18th, the price is stuck around $0.1377. Although there has been some upward movement in the past few hours, breaking through the high point at midnight on the 17th, the trading volume has actually shrunk. What does this divergence between volume and price indicate? It suggests that while the bulls are pushing the price up, the momentum isn't very strong, making it somewhat difficult to continue higher.

From a technical indicator perspective, the MACD histogram is still negative, but each bar is getting shorter, indicating that the buying strength is gradually accumulating, though no clear trend has formed yet. The KDJ indicator is even more neutral, sitting at a value of 21 in the middle range, with no golden cross or death cross, so there's no clear direction in the short term.

The key support level is around $0.1333, which can provide some support against declines. To continue upward, the price needs to overcome the resistance at $0.1499—this barrier is quite tough. Previously, the highest price only reached $0.14961, failing to break through.

Overall, Dogecoin is likely to fluctuate within this range in the short term. Whether it can break through upward mainly depends on whether the support level can hold and when the resistance can be broken. But keep in mind, cryptocurrency volatility is so high that these observations based on candlesticks and indicators do not constitute any investment advice. Everyone should make decisions based on their own risk tolerance.