#数字货币市场洞察 $DOGE The one-hour chart looks interesting.



The price first broke below the 0.13712 support line, then slowly climbed back up with small bullish candles, but there hasn't been any strong volume-driven surge—a typical oversold rebound. To be honest, the bulls' counterattack this round is pretty weak. Now it's hovering around 0.140, with a drop of nearly 5%, oscillating back and forth right at the middle Bollinger Band. The bearish pattern hasn't been broken yet.

Technically, the J value of the KDJ indicator has already entered the overbought area, so this rebound is basically running out of steam. Although the MACD is close to a golden cross, the values are hovering right at the zero axis, meaning bulls and bears are still deadlocked. In the short term, this rebound is most likely coming to an end. If the middle band can't be broken, there's a high chance of a pullback.

If it pulls back to the 0.1388-0.1361 range, you can consider opening a light position to test the waters, targeting the 0.1419-0.1431 resistance zone. Of course, this is just for reference—the specifics will depend on how the market develops.
DOGE-3.78%
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.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
TokenVelocityvip
· 3h ago
The bulls really can't push this wave, it's as flimsy as paper.
View OriginalReply0
OnlyOnMainnetvip
· 3h ago
It's another weak rebound like this—the bulls really have no fight in them at all.
View OriginalReply0
BlockImpostervip
· 3h ago
The bulls are really underperforming this time, it feels like they're just struggling in their death throes.
View OriginalReply0
LiquidationWatchervip
· 3h ago
Still grinding, the bulls just don't have any strength.
View OriginalReply0
OfflineNewbievip
· 4h ago
It's another one of those weak rebound markets, makes me want to fall asleep.
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)