Looking at the recent DOGE market, the current price is 0.14037 USDT, down 1.54% in the past 24 hours, with a high of 0.14462 and a low of 0.13825. The trading volume has reached 641 million DOGE, with a turnover of 90.34 million USDT. From a technical perspective, the bullish logic behind this rebound still holds.
**K-line patterns are very important**. DOGE has rebounded over 30% from the low of 0.11612, once reaching 0.15366. Although this recent correction saw some downward pressure, it did not break the support at 0.13825, and the upward trend line remains intact. You can see that the bodies of the candlesticks are narrowing, indicating that the selling pressure is clearly weakening. As long as the 0.14 level holds, the next target is naturally to challenge the high of 0.14462, and if it breaks through, 0.15366 is within reach.
**Trading volume behavior is also quite interesting**. During the initial rebound, volume increased, indicating that funds are still willing to enter; during the correction phase, volume shrank, showing that traders are reluctant to sell. The MA5 and MA10 remain in a golden cross, supporting the short-term moving averages and leaving room for further upward movement.
**On the technical indicators side**, the RSI(6) is currently at 49.62071, roughly around the neutral 50 line, not yet in the oversold zone. Once it reclaims the 50 level, short-term buying interest will follow. As for MACD, DIF is 0.00217, DEA is 0.00048, and the MACD value is 0.00169. The golden cross above the zero line is still present, and although the red histogram has shrunk, it has not disappeared. The bullish momentum is temporarily converging, but the possibility of expansion still exists.
Of course, market volatility always carries risks, and these observations are just based on current technical analysis.
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ImpermanentPhobia
· 3h ago
Dogecoin's current situation still depends on whether it can hold above 0.14. It seems like the bulls still have a chance.
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StablecoinGuardian
· 01-10 06:55
0.14 is holding quite strongly at this level, feels like there's still hope
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MEVHunterZhang
· 01-10 06:55
Wait, has the 0.14 level really held? I see that this rebound actually has some substance, but with such low volume, I'm still a bit nervous.
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RektRecorder
· 01-10 06:55
Dogecoin is testing my heart again. The key is whether I can hold on to 0.14.
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DegenDreamer
· 01-10 06:53
Is Dogecoin about to take off again? Feels like I say that every time haha, but 0.14 has really been stuck quite hard.
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ChainMaskedRider
· 01-10 06:52
0.14 is really a critical threshold. Once it breaks above, we can look at 0.15. Now it's just a matter of whether the bears still have the strength.
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APY追逐者
· 01-10 06:36
Dogecoin's support level is holding up pretty well. 0.138 is a hurdle; if it can't break through, it means there are still people bottom-fishing.
Looking at the recent DOGE market, the current price is 0.14037 USDT, down 1.54% in the past 24 hours, with a high of 0.14462 and a low of 0.13825. The trading volume has reached 641 million DOGE, with a turnover of 90.34 million USDT. From a technical perspective, the bullish logic behind this rebound still holds.
**K-line patterns are very important**. DOGE has rebounded over 30% from the low of 0.11612, once reaching 0.15366. Although this recent correction saw some downward pressure, it did not break the support at 0.13825, and the upward trend line remains intact. You can see that the bodies of the candlesticks are narrowing, indicating that the selling pressure is clearly weakening. As long as the 0.14 level holds, the next target is naturally to challenge the high of 0.14462, and if it breaks through, 0.15366 is within reach.
**Trading volume behavior is also quite interesting**. During the initial rebound, volume increased, indicating that funds are still willing to enter; during the correction phase, volume shrank, showing that traders are reluctant to sell. The MA5 and MA10 remain in a golden cross, supporting the short-term moving averages and leaving room for further upward movement.
**On the technical indicators side**, the RSI(6) is currently at 49.62071, roughly around the neutral 50 line, not yet in the oversold zone. Once it reclaims the 50 level, short-term buying interest will follow. As for MACD, DIF is 0.00217, DEA is 0.00048, and the MACD value is 0.00169. The golden cross above the zero line is still present, and although the red histogram has shrunk, it has not disappeared. The bullish momentum is temporarily converging, but the possibility of expansion still exists.
Of course, market volatility always carries risks, and these observations are just based on current technical analysis.