DOGE 4-hour chart analysis: Bulls and bears are in a stalemate, the key level is here

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【CryptoWorld】DOGE has shown a tug-of-war between bulls and bears in the last 4 hours. The price has slightly increased compared to 20:00 today but has slightly pulled back compared to 16:00. Overall, it has risen since noon yesterday, but has declined again since early this morning. The last candlestick closed with a bullish (positive) body, with the closing price above the opening price, indicating a bullish engulfing pattern.

Trading activity has noticeably decreased, with volume shrinking compared to a few hours ago, reflecting insufficient market participation and a relatively quiet trading atmosphere. Price and volume are weakening simultaneously, suggesting that neither bulls nor bears have a clear consensus on the direction for now.

From a technical indicator perspective, MACD shows no obvious signals, and the histogram does not display prominent features, indicating the market is in a sideways consolidation without a clear trend. The KDJ indicator also shows no golden cross or death cross; the current KDJ values hover around 42, showing a neutral oscillation, but the technical outlook leans bearish. Notably, divergence between volume and price has appeared, which often hints at potential short-term correction pressure.

Regarding key levels, the recent high reached 0.143, and the low retreated to 0.13662. The current support is set around 0.1364, with resistance above at 0.1416. For bullish strategies, watch for rebound opportunities at 0.13662 and 0.1364; for bearish strategies, pay attention to resistance levels at 0.143 and 0.1416. Stop-loss for long positions is set at 0.13662, and for short positions at 0.143.

DOGE6,26%
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OnchainDetectiveBingvip
· 21h ago
Still in a tug-of-war, who dares to move with such dull trading volume I've seen many instances of price-volume divergence, be careful of getting trapped Let's leave DOGE as it is, wait for the signal everyone Bullish engulfing pattern? I think it's the bulls being engulfed This market is so dull, when will there be a decent direction
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ThreeHornBlastsvip
· 21h ago
The divergence between price and volume is back again. This time, Dogecoin is truly panicking. With trading volume shrinking like this, still daring to eat a bullish candle, do you have no sense of proportion? Wait a minute, everyone. KDJ is only 42, and you still want to go up? I think it's doubtful. The bullish engulfing pattern looks good, but I'm worried it might be a false breakout. Tricks, brother. It's so quiet that it feels like something's about to happen.
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LowCapGemHuntervip
· 21h ago
Divergence between price and volume, this kind of signal is the most annoying. The promised bullish engulfing didn't happen, and with volume shrinking, it's all useless. This wave of DOGE is just dithering, no one dares to take the bait. Is the technical outlook bearish? Fine, it's going to fall again, this coin is really something. KDJ 42 is still too neutral, let's wait and see. Volume has died out, so has the price, simple logic. Both bulls and bears are just kite flying, next step depends on the trading volume.
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FastLeavervip
· 21h ago
Another deadlock like this, can't seem to get any momentum up Price and volume divergence, this signal doesn't look good Trading volume shrinks, are retail investors all leaving? The bullish engulfing looks good, but without volume support, it's useless KDJ at 42, so neutral, it's uncomfortable This directionless oscillation is the most frustrating, really boring The bearish signals are becoming more and more obvious Wait, could it be about to break a support level? Those entering now are probably cannon fodder, really With such low popularity, what's the point of playing? Just wait for opportunities to lie flat
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SeeYouInFourYearsvip
· 21h ago
Another stagnant market, so boring The divergence between price and volume has been obvious for a while, just waiting for a break The 4-hour KDJ is at 42, basically no direction, so boring DOGE hasn't done anything these days, just oscillating around If you're bearish, then wait and see how the key levels move
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GateUser-bd883c58vip
· 21h ago
Is this divergence between price and volume? I've seen it for a while. DOGE still needs to pull back to support before entering. --- Bullish engulfing? Just a false alarm. Who would believe such weak volume? --- In sleep mode, wait for KDJ to turn around before talking. Entering now means getting cut. --- No clear trend again, it's the darkest before dawn. Let's wait for the breakout, everyone. --- It's quiet, right? That means accumulation is happening. Don't be fooled. --- Bearish but prices are rising. This market is really... unpredictable. --- When will it return to the support level? That's when I dare to act.
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HodlAndChillvip
· 21h ago
Another frustrating market situation, with trading volume shrinking drastically. Who dares to move? Alright, let's keep lying flat. We'll act once the signals are clear. The divergence between volume and price is a classic trick. Be cautious in the short term. Neither bulls nor bears have a firm grip. This is testing the bottom line. MACD is dead and dull, feeling stuffy, everyone.
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