#数字资产动态追踪 January 4th Dogecoin($DOGE) Technical Analysis:



From a daily chart perspective, Dogecoin has already strongly broken through the downtrend line. Currently, it is approaching a horizontal resistance level on the 4-hour timeframe, where supply pressure remains quite evident.

In the short term, a pullback is expected. If bearish, you might consider short positions around 0.152, with stop-losses placed at the previous high. The initial target is 0.145.

However, it’s important to emphasize—if the pullback can be effectively stabilized, then the primary approach should still be bullish. Support levels after a technical breakout often become strong support for subsequent rebounds.
DOGE-1,11%
View Original
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.
  • Reward
  • 10
  • Repost
  • Share
Comment
0/400
SellTheBouncevip
· 01-06 15:26
Sell on the rebound. This position should have been sold long ago. There's always a lower point waiting.
View OriginalReply0
bridge_anxietyvip
· 01-06 06:18
0.152 at this level is indeed quite resistant, but it feels like it can't be broken through.
View OriginalReply0
ImpermanentSagevip
· 01-04 17:58
Dogecoin's recent breakdown is quite interesting, but I'm just worried it might drop further during the retest. --- The 0.145 level feels a bit risky; it depends on whether it can hold steady. --- Can support after a breakdown really become strong support? This is always what they say. --- I just want to know if this is a genuine breakout or a trap. The tactics are getting more and more sophisticated. --- Brothers who are bearish have already ambushed at 0.152, and I'm still debating whether to follow. --- The key still depends on the depth of the retest; if it's too deep, it's dangerous. --- I'm tired of hearing about technical breakdowns; in the end, it just gets hammered back. --- With such obvious supply pressure, how far can the rebound go?
View OriginalReply0
GateUser-6bc33122vip
· 01-04 15:58
Dogecoin is going to fluctuate again, this resistance level is really annoying.
View OriginalReply0
UnruggableChadvip
· 01-04 08:09
0.152 Short position setup? Buddy, I think you're overthinking it. After the breakdown, you should be taking long positions.
View OriginalReply0
BearMarketNoodlervip
· 01-04 08:09
The support after breaking down is the iron gate for the rebound. This time, whether DOGE can hold steady above 0.145 is the key.
View OriginalReply0
GweiTooHighvip
· 01-04 08:03
0.152 Short position setup sounds good, but I'm worried it might be a false alarm again, such is Dogecoin's nature...
View OriginalReply0
rug_connoisseurvip
· 01-04 08:02
I think the 0.145 level is a bit shaky; it seems like it might break through directly.
View OriginalReply0
ZenZKPlayervip
· 01-04 08:02
Dogecoin is acting up again, breaking through and then trying to retest. Whether it can hold this wave depends on luck.
View OriginalReply0
LiquidityNinjavip
· 01-04 07:55
It's Dogecoin again, and 0.152... brother, is this dip really coming?
View OriginalReply0
View More
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)