DOGE Four-Hour Technical Review: Volume-Price Divergence Hides Risks, These Key Levels Must Be Closely Watched
[Crypto World] DOGE's recent 4-hour trend is quite interesting. After climbing up from the low at 4 PM on December 5, it started a noticeable rally at noon yesterday, and at 4 PM today it directly broke through the previous high. Now it has closed with a small bullish candle, and the price has stabilized, but the trading volume has clearly shrunk—a typical sign of weak upward momentum.
Looking at a few key technical indicators: although the MACD histogram is still below the zero line, the negative value is narrowing, indicating that bearish strength is weakening. The KDJ is now at 17, which is already in the oversold zone, so theoretically a rebound could happen at any time. However, there hasn't been a golden cross yet, so the bulls haven't fully taken control.
Pay attention to the divergence between price and volume—rising prices with shrinking volume is usually not a good sign.
If you want to make a move, you can watch these levels:
Long entry reference: Enter in batches near 0.13562 or 0.1353, set stop-loss just below 0.13562
Target level: First target at 0.15166,
Looking at a few key technical indicators: although the MACD histogram is still below the zero line, the negative value is narrowing, indicating that bearish strength is weakening. The KDJ is now at 17, which is already in the oversold zone, so theoretically a rebound could happen at any time. However, there hasn't been a golden cross yet, so the bulls haven't fully taken control.
Pay attention to the divergence between price and volume—rising prices with shrinking volume is usually not a good sign.
If you want to make a move, you can watch these levels:
Long entry reference: Enter in batches near 0.13562 or 0.1353, set stop-loss just below 0.13562
Target level: First target at 0.15166,
