DOGE 4-Hour K-line Technical Analysis: Buy and Sell Entry Points and Support/Resistance Levels Reference

【Crypto World】Looking at DOGE’s recent 4-hour trend, the increase compared to two days ago (December 16 noon) is quite significant, especially after breaking through the high point of the morning on the 15th. However, the last candlestick turned into a bearish candle, closing below the opening price, which suggests that the bulls are losing momentum.

Volume is interesting—while the price is rising, trading volume has shrunk. This divergence between volume and price indicates that the upward momentum is weakening. The MACD shows no clear signals, and the histogram is not very active. The KDJ indicator is currently neutral (value 35), with no confirmed golden cross or death cross.

From a technical perspective, the current support level is at 0.127, and resistance is at 0.141. Recently, the price has been fluctuating within the range of 0.12843 to 0.1411. If you want to go long, you can consider entry points at 0.12843 and 0.127, with stop-losses set at 0.12843; for short positions, look at 0.1411 and 0.141, with stop-loss at 0.1411. These levels can serve as trading references, but it’s important to also consider the overall market situation and your risk tolerance.