DOGE 4-hour K-line technical analysis: Volume-price divergence indicates weakening momentum, with bullish forces quietly accumulating

ZkSnarker · 2026-01-09T07:40:13+00:00

【Crypto World】DOGE has experienced an interesting rally in the past 4 hours. Compared to the price 8 hours ago, the increase is significant; it also broke through the high point at 20:00 yesterday. Although most of the K-line patterns are small bullish candles, the last one is indeed a bullish candle, with the closing price above the opening price.However, it is worth noting that the trading volume has shrunk instead. The price is rising while the trading volume is decreasing—this is a divergence between volume and price, indicating that the upward momentum is beginning to weaken.From a technical indicator perspective, the MACD histogram remains negative, but the magnitude is gradually decreasing, which suggests that the bullish strength is gradually increasing. The KDJ indicator is currently in the oversold zone (value of 14), showing a sideways state, with no clear golden cross or death cross signals yet. Overall, the market does not show a clear trend at the moment.Based on the 4-hour K-line technical analysis, the main reference points are as follows:Buy opportunity: the first buy point is at 0.14, the second buy point is at 0.1

ZkSnarker

2026-01-09 07:40:13

【CryptoWorld】DOGE has recently experienced an interesting move within the last 4 hours. Compared to the price 8 hours ago, the increase is significant; it also broke through the high point at 20:00 yesterday. Although most of the K-line patterns are small bullish candles, the last one is indeed a bullish candle, with the closing price above the opening price.

However, it is worth noting that the trading volume has shrunk instead. Price is rising but trading volume is decreasing—this is a divergence between volume and price, indicating that the upward momentum is beginning to weaken.

From technical indicators, the MACD histogram remains negative, but the magnitude is gradually decreasing, which suggests that the bullish strength is gradually increasing. The KDJ indicator is currently in the oversold zone (value of 14), showing a sideways state, with no clear golden cross or death cross signals yet. Overall, the market does not show a clear trend at the moment.

Based on the 4-hour candlestick technical analysis, the main reference points are as follows:

Buy Opportunities: First buy point at 0.14, second buy point at 0.14076269, with a stop-loss at 0.14099.

Sell Opportunities: First sell point at 0.1538, second sell point at 0.154557, with a short stop-loss at 0.1528.

Key Levels: Recent support at 0.1397, recent resistance at 0.1538. The highest point reached 0.1528, and the lowest point is at 0.14099.

Overall, DOGE is currently in a consolidation phase. Although the volume is somewhat insufficient, technical indicators suggest that the bulls are accumulating strength. A confirmed breakout above the key resistance at 0.1538 is needed to verify a true upward breakthrough.

DOGE0,5%

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.

10 Likes

Reward
10
4
Repost
Share

Comment

0/400

token_therapist

· 01-09 08:10

The divergence between price and volume is a signal of the market maker testing the waters. Don't be fooled by the price increase. MACD is still oscillating in the negative zone. Can it really break through the 0.1 level? I'm a bit skeptical. KDJ is oversold at 14 and hasn't formed a golden cross yet. The consolidation still needs to continue, no rush.

View OriginalReply0

NFTBlackHole

· 01-09 07:59

Divergence between volume and price, I've seen this pattern too many times, and it still ends up falling. Wait until it drops to 0.1 before buying in, no rush. MACD is still in negative territory, don't be fooled. A true rise is when volume increases without price going up. Currently, this volume contraction rebound signals a weak sign. KDJ is just a rebound from oversold conditions, what's the buildup? Let's see if it can hold at 0.1. Let's wait and see, this wave of market action feels a bit fake. When momentum weakens, it's time to go short. Don't chase the highs, everyone.

View OriginalReply0

ShibaOnTheRun

· 01-09 07:48

Be careful with the divergence between price and volume. A rise with no volume backing is basically false fire. Even with KDJ in oversold territory, it's still dragging on. I think the 0.1 level is uncertain; we need to wait and see. It's building up again, the bulls are secretly preparing a big move. MACD is still negative, why are we so optimistic? I don't quite understand. This wave of market movement feels a bit too quiet, which makes me a little nervous. If it can't break 0.14, don't expect a second buying point. Entering now is like giving money to the big players. With such poor volume but still rising, who's actually buying? Wait for the golden cross; it's comfortable to stay on the sidelines for now. Contradictory market conditions are the most annoying. Prices are genuinely rising, but volume is being cut, isn't that nonsense?

View OriginalReply0