Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
DOGE 4-Hour Technical Analysis: Divergence Between Price and Volume Indicates Weakening Uptrend, Key Levels Overview
【CryptoWorld】DOGE has shown a consolidation pattern in the recent 4-hour trend. Compared to the level at 2026-01-04 04:00:00, the price experienced a significant dip but subsequently recovered compared to 2026-01-03 16:00:00. The latest candlestick shows a small bullish body, with the closing price above the opening price, indicating that the bulls are still fighting for control.
However, the trading volume warrants attention—while the price is rising, the trading volume is shrinking. This divergence between volume and price suggests that the upward momentum may be weakening.
From a technical indicator perspective, the current MACD histogram remains positive but has been gradually shrinking, reflecting a weakening bullish force. The KDJ indicator has not shown a clear golden or death cross, but its value has reached 88, in the overbought zone, which indicates a potential risk of a pullback after a rally.
On the moving averages, the MA10 has been above the MA30 for two consecutive periods (2026-01-04 04:00:00 and 08:00:00), forming an upward arrangement, but caution is advised as the momentum may be waning. The RSI value exceeding 70 also signals an overbought condition, suggesting a possible high-level correction.
Based on the above 4-hour trend analysis, here are the key trading reference points:
Long Strategy: First buy-in at 0.14, second buy-in at 0.1157; stop-loss set at 0.1173.
Short Strategy: First sell at 0.1565, second sell at 0.1555; stop-loss set at 0.1519.
Support and Resistance: Recent support level is at 0.1162, resistance at 0.1565. Currently, the price fluctuates within the 0.1173-0.1519 range, touching a high of 0.1519 and a low of 0.1173.
Overall, DOGE shows short-term characteristics of high-level consolidation and waning momentum. Traders should look for opportunities within support and resistance zones, while closely monitoring volume behavior during breakouts of these key levels.