DOGE 4-hour K-line breakout imminent, these key price levels need close attention

【Crypto World】DOGE’s recent 4-hour trend has been noteworthy. The price has shown a clear rebound compared to midday yesterday, not only recovering the high point from midnight but also breaking upward with a large bullish candlestick. The last candlestick is a bullish one, with the closing price significantly higher than the opening price, indicating that the bulls are fighting for market control.

However, a detail worth noting is that although the price is rising, trading volume has actually contracted. Recent trading volume is noticeably lower than the levels from a few hours ago, suggesting that the upward momentum is gradually weakening and may indicate that the rebound is about to face a test.

From a technical indicator perspective, the MACD currently shows no clear directional trend, but the histogram remains negative and is gradually shortening, which is a sign that bullish strength is increasing. The KDJ indicator has not yet shown a clear buy or sell signal, remaining neutral overall, with a KDJ value at 21, reflecting ongoing downward pressure. Divergence between volume and price also warrants caution.

Based on the current pattern, here are some key trading points: buy signals at 0.13601 and 0.1333; stop-loss for long positions at 0.13601; sell signals at 0.14961 and 0.1499; stop-loss for short positions at 0.14961. Recent support is at 0.1333, resistance at 0.1499, with the recent high touching 0.14961 and the low retracing to 0.13601.

The key to this move still depends on whether the price can effectively break through the resistance above and whether trading volume can keep pace with the price increase.