DOGE 4-hour chart key levels: Bullish momentum weakens, these price levels are critical

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【CryptoWorld】DOGE’s recent 4-hour chart performance is worth paying attention to. From the high point on December 13th noon, the price has already undergone a noticeable correction, but compared to the decline on the afternoon of December 12th, there has been a rebound. The latest candlestick closed with a small bullish candle, with the closing price above the opening price, but the volume behind it is quietly changing.

Trading volume has recently contracted, significantly retreating compared to a few hours ago, while the price is rising — this is a typical divergence between volume and price, indicating that the upward momentum is actually weakening.

From the MACD perspective, although the histogram remains positive, it is gradually shortening, indicating that the bullish strength is indeed diminishing. The KDJ indicator currently shows no clear golden cross or death cross signals, remaining in a neutral oscillation state with values around 56. Overall, there is no particularly clear directional trend.

Based on current technical analysis, the market indicates several key levels:

Bullish side: the first buy-in level at 0.13561, the second buy-in level at 0.1339, with a long stop-loss set at 0.13561.

Bearish side: the first sell level at 0.1509, the second sell level at 0.1444, with a short stop-loss at 0.1509.

The overall support level is at 0.1339, and resistance is at 0.1444. Recently, the highest reached was 0.1509, and the lowest retracement was to 0.13561. The divergence between volume and price, combined with technical signals of weakening bullish momentum, suggests that short-term observation is needed to see if the price can effectively break through the 0.1444 resistance level; otherwise, there is a higher probability of repeated oscillation.

DOGE-4.75%
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GasFeeCryervip
· 12-14 14:11
Divergence between price and volume, this kind of thing usually doesn't end well. Is DOGE about to weaken in this wave? It feels like the bulls are about to lose their grip; the KDJ has no reaction, indicating no one dares to buy in. Is the 0.13561 level really worth jumping in, or should we wait and see? I've seen the MACD histogram get shorter too many times; the next step is usually a sharp decline. I'm asking, is this the rhythm of turning around to short? Is anyone following? Volume shrinks but price rises? Isn't this just a prelude to distribution? Hurry up and run, everyone. Neutral consolidation, in other words, the market hasn't decided yet; continue to observe.
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EntryPositionAnalystvip
· 12-14 07:00
The old trick of divergence between volume and price is everyone's favorite, but it often works the opposite haha Wait, when the MACD histogram shortens, it’s said that the bullish momentum is weakening? I always feel like this is a sign of a shakeout. That KDJ position at 56 is indeed a bit awkward, feels neither up nor down. At the 0.13561 level? Seems a bit arbitrary, I want to see how institutions are positioning. Volume shrinks while price rises, which is indeed impulsive. Whether this wave can continue is really uncertain. I want to buy the dip but don’t dare to act, that’s the hardest part.
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LiquidityWizardvip
· 12-14 03:09
ngl the volume divergence on doge is honestly screaming weakness rn... price going up while volume tanks? statistically speaking that's like 70% bearish pattern historically speaking. macd bars getting shorter is just *chef's kiss* confirmation of what we already know—bullish momentum's basically on life support at this point
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BlockchainTherapistvip
· 12-14 02:57
Divergence between price and volume, huh? That's just trapping more buyers. Be careful not to get caught, brother.
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AllInAlicevip
· 12-14 02:43
Price and volume divergence is happening again. This is the easiest time to get caught. Ladies, be careful. No, even though the MACD bars are getting shorter, you still dare to chase? I think we should wait and see. The 0.13561 level feels a bit risky. If it drops a few more points, it would be more comfortable, right? This wave of Dogecoin has been a bit tug-of-war. The bulls are really tired. Volume can't lie. Let's see if it can break the previous low; otherwise, it's just a repeated cycle of getting chopped up. Listen to me, don't chase high. This rally is clearly lacking momentum.
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