DOGE 4-hour K-line technical analysis: Volume-price divergence indicates weakening momentum, with bullish forces quietly accumulating

【CryptoWorld】DOGE has recently experienced an interesting move within the last 4 hours. Compared to the price 8 hours ago, the increase is significant; it also broke through the high point at 20:00 yesterday. Although most of the K-line patterns are small bullish candles, the last one is indeed a bullish candle, with the closing price above the opening price.

However, it is worth noting that the trading volume has shrunk instead. Price is rising but trading volume is decreasing—this is a divergence between volume and price, indicating that the upward momentum is beginning to weaken.

From technical indicators, the MACD histogram remains negative, but the magnitude is gradually decreasing, which suggests that the bullish strength is gradually increasing. The KDJ indicator is currently in the oversold zone (value of 14), showing a sideways state, with no clear golden cross or death cross signals yet. Overall, the market does not show a clear trend at the moment.

Based on the 4-hour candlestick technical analysis, the main reference points are as follows:

Buy Opportunities: First buy point at 0.14, second buy point at 0.14076269, with a stop-loss at 0.14099.

Sell Opportunities: First sell point at 0.1538, second sell point at 0.154557, with a short stop-loss at 0.1528.

Key Levels: Recent support at 0.1397, recent resistance at 0.1538. The highest point reached 0.1528, and the lowest point is at 0.14099.

Overall, DOGE is currently in a consolidation phase. Although the volume is somewhat insufficient, technical indicators suggest that the bulls are accumulating strength. A confirmed breakout above the key resistance at 0.1538 is needed to verify a true upward breakthrough.