DOGE 4-hour Candlestick technical analysis: Volume-price divergence suggests a weakening of the pump momentum, these levels need to be followed closely.

In the 【coin world】, looking at the recent 4-hour trend of DOGE, there are several details worth pondering.

In terms of price performance, compared to noon on December 22, it has indeed dropped significantly in the past 4 hours. However, it has rebounded compared to the same period on December 21, with the last K-line closing in the green, indicating that the bulls are still trying to control the market. However, there is a signal of divergence between price and volume here - while the price is rising, the trading volume is actually shrinking, which usually means that the upward momentum is waning.

How to interpret technical indicators? The MACD does not show a clear trend, and the histogram has been negative but is gradually shortening, reflecting that the bullish forces are slowly strengthening. The KDJ has not produced clear signals for a golden cross or death cross, and overall it is in a neutral range. However, the moving averages provide some reference - the MA10 is already above the MA30 (verified at 16:00 and 20:00 on December 22), which is somewhat positive in a downtrend.

From the recent support and resistance levels: support at 0.1299, resistance at 0.1338. The highest point touched 0.13439, and the lowest point reached 0.12026.

If you want to refer to the trading rhythm, there are a few key points to pay attention to: the first buying opportunity is around 0.13, the second at the position of 0.12006577. The corresponding long stop loss is set at 0.12026. Conversely, the first selling target is at 0.1338, the second target is at 0.135935, and the short stop loss is at 0.13439.

Overall, DOGE is currently in a state of tug-of-war between bulls and bears, and the shrinking volume is a signal that requires caution. In the short term, the possibility of repeated movements within these support and resistance zones is still quite high.