DOGE is grinding again: the 4-hour candlestick reveals these signals

[Coin World] looked at the trend of DOGE in the last 4 hours, which is a bit interesting.

The price has been clearly diving since 4 p.m. on December 9, but it has climbed back to 8 a.m. The last negative line closed quite ugly, and the closing directly smashed through the opening price. What’s more noteworthy is that prices are rising, but trading volume has shrunk - this volume and price divergence clearly shows a lack of stamina for bulls.

What do you say about the technical side? **
The MACD histogram is still above the zero axis, but the bars are getting shorter and the bull market force is decreasing. KDJ soared to 84, which was properly overbought and there was no clear signal of a golden cross and death cross. Looking at the moving average: MA10 has been pressing above MA30 (this is the state from 8 pm on December 9 to 0:00 on December 10), and the short-term trend can hold up.

**Where are the key points? **
Reference given by an analysis tool:

• Support is stuck at 0.1359, which is also the second buy point
• Look at the resistance level at 0.1489, and there is room for imagination if it breaks through here
• If you go long, you can consider ambushing near 0.13867 (stop loss is also set here), and the target is 0.1509 and 0.1489
• If you want to go short, 0.1509 is a good entry position, and the stop loss is also placed at this price

To put it bluntly, it is now repeatedly jumping sideways in the box of 0.1359-0.1509. Don’t expect a big market before you can’t get up.