DOGE Four-Hour Technical Review: Volume-Price Divergence Hides Risks, These Key Levels Must Be Closely Watched

[Crypto World] DOGE’s recent 4-hour move is pretty interesting. After climbing up from the low at 4:00 PM on December 5, it started a clear rally at noon yesterday, and at 4:00 PM today it directly broke through the previous high. Now it’s closed with a small bullish candle, and the price has stabilized, but trading volume has obviously shrunk—a classic sign of weakening momentum.

Looking at some key technical indicators: the MACD histogram is still below the zero line, but the negative value is narrowing, indicating that bearish strength is weakening. KDJ is now at 17, which is already in the oversold area, so theoretically a rebound could happen at any time. However, there hasn’t been a golden cross yet, so the bulls haven’t fully taken control.

Pay attention to the divergence between price and volume—rising prices with shrinking volume usually isn’t a good sign.

If you want to position, you can watch these levels: For longs: consider scaling in around 0.13562 or 0.1353, with a stop loss set below 0.13562. Target: First target is 0.15166, aggressive traders can aim for 0.1544. For shorts, it’s the opposite—if 0.15166 doesn’t hold, consider shorting, with a stop loss above 0.15166.

Current support is at 0.1353, resistance at 0.1544. The recent range is this box from 0.13562 to 0.15166. Before a volume breakout, buying low and selling high might be more appropriate.