DOGE 4-hour chart observation: declining volume and weakening bullish momentum

HashBandit · 2025-12-10T02:40:21+00:00

The article analyzes DOGE's 4-hour trend, pointing out that after a price increase, there was a pullback and trading volume declined, indicating weakening upward momentum. Technical indicators show an unclear direction, so it is recommended to pay attention to key price levels when making trades. The current market is not suitable for chasing upward or downward moves.

HashBandit

2025-12-10 02:40:21

Abstract generation in progress

[Crypto World] Watched DOGE’s 4-hour chart all afternoon, and the trend is a bit subtle.

From 8:00 AM on December 9 until now, the price first rebounded, saw a small increase around noon, but started to give back gains after 4:00 PM. The latest candlestick closed bearish, with the closing price falling below the opening price, and the candle itself is quite long.

What’s more noteworthy is the trading volume—it has clearly shrunk. The price is moving up, but the volume isn’t keeping up, which is usually not a good sign. The upward momentum is weakening.

From a technical perspective, here are a few key indicators:

MACD is currently indecisive, with no clear direction. The histogram is still above the zero line, but each bar is shorter than the last, indicating bullish strength is fading.
KDJ indicator shows neither a golden cross nor a death cross, with the value hovering around 55, which is a neutral zone.
As for moving averages, the MA10 is still above the MA30, and this has remained the case from the 16th to the 20th.

Based on the current market structure, here are a few key price levels to watch:

If you want to buy the dip, keep an eye on 0.13867 and 0.13580
For long positions, it’s recommended to set your stop loss at 0.13867
On the upside, 0.14820 is the first resistance, and 0.15090 is a stronger pressure level
For short positions, refer to 0.15090 as your stop loss
In the short term, the price is oscillating between 0.13867 (low) and 0.15090 (high)

At the moment, this position is rather awkward—it’s not suitable for chasing longs or shorts. It’s safer to wait for a clearer direction before entering the market.

DOGE-3,86%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

7 Likes

Reward
7
7
Repost
Share

Comment

0/400

GateUser-26d7f434

· 2025-12-12 18:45

The volume has shrunk, and the momentum has also stalled. This wave of correction has been evident for a while. No chasing, no following; wait until key levels are reached. When the direction is unclear, it's better to consolidate. Don't get caught in unnecessary losses. At this point, it all depends on who can hold on.

View OriginalReply0

ConsensusDissenter

· 2025-12-12 03:19

The decrease in trading volume means stepping down; this rebound might take a break.

View OriginalReply0

HappyToBeDumped

· 2025-12-10 03:10

As soon as the amount of energy shrinks, it is known that it is weak, and those who chase high are estimated to be beaten again

View OriginalReply0

GasFeeSobber

· 2025-12-10 03:09

The signal of volume shrinkage should have been vigilant a long time ago, and the buddies who are chasing the rise are not panicking now

View OriginalReply0

SatoshiChallenger

· 2025-12-10 03:02

The data shows that the volume shrinkage basically means that the rise is weak, and this routine has been seen too many times Interestingly, there are still people who dare to chase high at this time, and they played like this last year Statements such as key prices, to put it bluntly, are "I don't know where to go" Lessons from history: Every time this kind of "unsuitable for operation" market is a good time for large investors to eat retail investors Objectively, instead of looking at the 4-hour line and guessing blindly, it is better to study how many people were liquidated in the last round of bear market

View OriginalReply0

PumpDoctrine