DOGE 4-hour technical analysis: Bulls are gathering strength, key levels are here

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【Crypto World】Looking at DOGE’s recent 4-hour trend, the price shows slight fluctuations. Compared to 16:00 on the 15th, the price has increased; but compared to 12:00 on the same day, it has actually fallen a bit; and compared to 12:00 on the 14th, it has clearly retreated. In terms of candlestick patterns, the last candle is a bullish one, with the closing price above the opening price, indicating that the bulls are still trying.

Trading volume is a bit quiet. Recent trading volume has indeed shrunk, significantly decreasing compared to a few hours ago. Price and volume are moving downward together—this is a typical sign of low market activity, with participation decreasing quite a bit.

How do technical indicators look? MACD shows no clear trend direction, but the histogram has been negative and gradually getting shorter—this indicates that the bearish momentum is weakening, and the bulls are slowly gathering strength. The KDJ indicator has not yet formed a golden cross or death cross, but the KDJ value has entered the oversold zone (18), which usually suggests limited downside potential. Regarding moving averages, MA10 has already broken above MA30, maintaining this from 16:00 to 20:00 on the 15th. Although the trend is still downward, there are signs of a rebound.

Based on the divergence between volume and price, the market seems to be consolidating. If you want to trade, here are the key levels to watch: Buyers might consider positioning around 0.13 or 0.1366, with a stop-loss at 0.1366. Sellers target 0.1515 or 0.151091, with a short stop-loss at 0.1496. Recent support is at 0.135, resistance at 0.1515, the highest touch at 0.1496, and the lowest at 0.1366.

DOGE-1,35%
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GasFeeSurvivorvip
· 01-16 03:08
The trading volume is so sluggish, feels like waiting for some signal... The multiple armies are gathering strength, sounds comfortable, but has it really started?
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Anon32942vip
· 01-16 03:07
With such poor trading volume, what's the point of the bulls gathering strength? It feels like they're just barely holding on.
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MelonFieldvip
· 01-16 03:06
The trading volume is so dull, how can the bulls accumulate a hammer? It just feels like self-entertainment.
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TradFiRefugeevip
· 01-16 03:03
The trading volume is so dull. Are the bulls really gathering strength or just fooling themselves? Anyway, I can't figure it out.
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VitalikFanAccountvip
· 01-16 02:49
Is Duojun accumulating? The trading volume is so dull, it looks like they're just grazing.
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