DOGE 4-hour chart technical analysis: support at 0.136, resistance at 0.1511, overview of bullish and bearish levels

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【CryptoWorld】DOGE's recent 4-hour chart movement is worth paying attention to. Comparing the time frames, the price slightly increased compared to midnight on the 16th, but after 4 hours, it retraced, though it has recovered somewhat from the afternoon of the 15th. However, this candlestick is a large bearish candle, closing below the opening price, indicating selling pressure.

Trading volume is quite interesting — although the price is declining, the trading volume has actually increased. This suggests there is significant selling pressure in this price range, and selling momentum is accumulating.

From a technical perspective, the MACD shows no clear direction, but the histogram has been negative and gradually shortening, implying that the bullish forces are gradually recovering. The KDJ indicator is currently in the oversold zone (value of 7), and no golden cross signal has appeared yet. The short-term MA (MA10) has already crossed above the long-term MA (MA30), which is a positive sign.

Key price levels to watch: For bullish outlook, consider entering around 0.13 or 0.1368, with a stop-loss at 0.1366. On the bearish side, target sell levels are around 0.1511 and 0.1509, with a short position stop-loss at 0.1496.

Support is at 0.136, resistance at 0.1511, recent high at 0.1496, and recent low at 0.1366. Overall, the market is in a consolidation phase, and a clearer breakout direction is needed.

DOGE-1,32%
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ForkMastervip
· 7h ago
Increase in trading volume but price declines? I've seen this trick too many times; project teams all like to play this way. I had already set an ambush at the 0.136 level, just waiting for the bulls to rebound. The daily expenses of raising three kids can't rely on a MACD golden cross.
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GamefiHarvestervip
· 7h ago
Selling pressure is accumulating, KDJ is oversold, this rebound might be coming, a small test around 0.1368 could be attempted.
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GhostWalletSleuthvip
· 8h ago
The divergence between price and volume is truly remarkable—prices have plummeted, but trading volume has actually increased? This indicates that the battle at the bottom has already begun. I'm already watching the 0.136 level.
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