【Crypto World】DOGE’s performance over the past 4 hours is quite interesting. Compared to the price two days ago (December 25th at 20:00), there is a clear rebound, even breaking through the high point at December 25th 16:00. The last candlestick is a large bullish candle, closing higher than the opening price, indicating some bullish momentum. However, looking at the trading volume, the recent hours have seen shrinking volume, and trading activity has noticeably declined—price and volume are both falling, making the market somewhat quiet.
From a technical indicator perspective, the situation becomes more complex. The MACD currently shows no clear trend signals, and the histogram is not very distinct. The KDJ indicator also does not show decisive signals like golden or death crosses, but the KDJ value is at 14, in the oversold zone, which suggests potential room for a rebound.
Based on the latest technical analysis, the key levels are as follows:
Buy Opportunities: The first buy point is around 0.12211, and the second buy point is at 0.1216. If going long, set the stop-loss at 0.12211.
Sell Opportunities: The first sell point is at 0.13439, and the second at 0.131. If shorting, place the stop-loss at 0.13439.
From support and resistance perspectives, recent support is at 0.1216, resistance at 0.131. The current high is 0.13439, and the low is 0.12211, with the price fluctuating within this range.
Overall, DOGE is in a controversial phase—an upward trend exists, but trading volume is insufficient, and technical signals are weak. Traders should consider their risk preferences and develop strategies based on these key levels.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
17 Likes
Reward
17
7
Repost
Share
Comment
0/400
GateUser-ccc36bc5
· 10h ago
The biggest heartbreak is the mismatch between price and volume; breaking the high is pointless.
Fewer people means a false breakout; let's see if it can hold.
KDJ is oversold, so we really need to pay attention; there is room for a rebound.
The 0.122 level is indeed a good entry point; it all depends on whether it can hold steady.
View OriginalReply0
0xOverleveraged
· 16h ago
The trading volume doesn't follow the price; this rebound is very fake.
View OriginalReply0
GmGnSleeper
· 16h ago
The shrinking volume is a bit annoying; it feels like the bulls are flooding the market, which seems off.
View OriginalReply0
LiquidityWizard
· 17h ago
When price and volume are not aligned, how can we trust this rebound?
View OriginalReply0
LightningPacketLoss
· 17h ago
A rebound from a shrinking volume, I generally don't believe it.
---
Those who go all-in after breaking a high are probably just rookies.
---
Is there a big room for a rebound from oversold conditions? It still depends on whether it can hold steady afterward.
---
If MACD shows no signal, don't make reckless moves. Wait and see.
---
I’ve already been lurking at the 0.122 level for a while, just waiting to see if DOGE will perform well.
---
The quiet market is the easiest to deceive. Be careful, everyone.
---
Is the bullish momentum strong? Ha, only volume increase is real.
---
KDJ oversold conditions, there are plenty of times it has fallen to the bottom. I can't see anything special about that.
---
With such poor trading volume, how far can the rebound go?
---
It's the same old analysis, stop bragging about technical indicators in front of me.
View OriginalReply0
AirdropAutomaton
· 17h ago
The bullish candlestick is nice, but the shrinking trading volume is really a bit fake.
---
Oversold but still falling, indicating no one is buying.
---
Is the 0.12211 level reliable? Not confident.
---
No MACD signal, don't just operate blindly. Let's wait and see.
---
There is room for a rebound, but I don't know who will take over.
---
Is the bullish momentum strong? I think it looks a bit shaky.
---
Breakthrough in a quiet market, can you believe it?
---
KDJ oversold indeed suggests a rebound, but the volume can't keep up.
---
Price and volume declining together is the real signal, okay?
View OriginalReply0
ParallelChainMaxi
· 17h ago
With such poor volume, it's still bold to talk about a breakout. I think the bulls only have this much strength.
DOGE 4-hour chart breaks through the high point, these trading signals are worth paying attention to
【Crypto World】DOGE’s performance over the past 4 hours is quite interesting. Compared to the price two days ago (December 25th at 20:00), there is a clear rebound, even breaking through the high point at December 25th 16:00. The last candlestick is a large bullish candle, closing higher than the opening price, indicating some bullish momentum. However, looking at the trading volume, the recent hours have seen shrinking volume, and trading activity has noticeably declined—price and volume are both falling, making the market somewhat quiet.
From a technical indicator perspective, the situation becomes more complex. The MACD currently shows no clear trend signals, and the histogram is not very distinct. The KDJ indicator also does not show decisive signals like golden or death crosses, but the KDJ value is at 14, in the oversold zone, which suggests potential room for a rebound.
Based on the latest technical analysis, the key levels are as follows:
Buy Opportunities: The first buy point is around 0.12211, and the second buy point is at 0.1216. If going long, set the stop-loss at 0.12211.
Sell Opportunities: The first sell point is at 0.13439, and the second at 0.131. If shorting, place the stop-loss at 0.13439.
From support and resistance perspectives, recent support is at 0.1216, resistance at 0.131. The current high is 0.13439, and the low is 0.12211, with the price fluctuating within this range.
Overall, DOGE is in a controversial phase—an upward trend exists, but trading volume is insufficient, and technical signals are weak. Traders should consider their risk preferences and develop strategies based on these key levels.