DOGE 4-hour K-line breaks through key level, bullish signal emerges

TokenomicsTrapper · 2026-01-17T02:40:12+00:00

DOGE's recent price increase has broken through the early morning high, indicating active bullish momentum, but trading volume has shrunk, and market enthusiasm is lacking. Technical indicators show that the bulls are gaining strength, with short-term support at 0.1346 and resistance at 0.1516. It is important to watch whether it can effectively break through the resistance level.

TokenomicsTrapper

2026-01-17 02:40:12

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【CryptoWorld】DOGE’s performance in the past 4 hours is worth noting. The price has shown a significant increase compared to noon on the 16th, even breaking through the high point at 4 a.m. that day. The latest candlestick indicates a large bullish candle, with the closing price above the opening price, suggesting that the bulls are fighting for control.

However, the trading volume is quite interesting—volume has actually been shrinking. Compared to the previous few hours, recent trading volume has noticeably decreased, and this lack of momentum indicates that market enthusiasm is still somewhat冷清, and participation is not yet very heated.

From a technical indicator perspective, MACD currently shows no clear direction, but the histogram remains in the negative zone, and the magnitude is gradually decreasing. This hints that the bullish force is gradually strengthening. The KDJ indicator hasn’t shown a clear golden cross or death cross, but the KDJ value has already reached 4, entering the oversold area.

Overall, if you are considering going long, you can focus on two buy zones: the first at 0.13601, and the second at 0.1346. The corresponding stop-loss should be set at 0.13601. If you are considering shorting or taking profits at high levels, sell positions can be at 0.14961 and 0.1516, with a short stop-loss at 0.14961.

In the short term, recent support is at 0.1346, resistance at 0.1516. The recent wave high is at 0.14961, and the low is at 0.13601. Overall, although bullish signals are emerging, the weak trading volume still needs further confirmation. The key is whether the price can effectively break above the resistance level.

DOGE-2,32%

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BrokenDAO

· 4h ago

Trading volume speaks for itself. This broken situation is just like the last Compound governance vote—looks impressive, but it's all bluster. A single poke and it collapses.

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AirdropHarvester

· 4h ago

With such shrinking volume, do you still dare to call it a bullish signal? Wake up, brothers.

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SatoshiNotNakamoto

· 4h ago

A rebound from the shrinking volume is useless even with flowery words.

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SellTheBounce

· 4h ago

The rebound from shrinking trading volume will come sooner or later. --- So what if it breaks through? Insufficient popularity is a trap signal. --- 0.1516? I'm just waiting for it to fall back to the bottom, sell on the rebound—that's the truth. --- The strength of the bulls is increasing? Ha, history tells me that breakthroughs without volume are fake. Better to wait for lower points. --- Don't be fooled by technical indicators; market popularity is the key. It's clearly insufficient now. --- The early buyers in this rebound will be the bagholders eventually. I'm only shorting. --- Support level at 0.1346, I bet it can't hold at all. There are always lower points waiting. --- What's so exciting about breaking the high? Trading volume is so sluggish. Sell on the rebound—sounds good.

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ThatsNotARugPull