$DOGE
4hr time frame analysis 🔎
1️⃣ Price Action Overview
•Current Price: $0.31839
•24H Change: -7.99% 🔻 (Bearish momentum)
•Support Levels: ~$0.25054
•Resistance Levels: ~$0.40786 and $0.48434
2️⃣ Bollinger Bands (BOLL)
•Upper Band: $0.40786 🚀
•Lower Band: $0.25054 📉
•Price near Middle Band: Consolidation likely, weak breakout direction.
3️⃣ Moving Averages (MA)
•MA(5): $0.204M
•MA(10): $0.297M
•Short-term MA bearish crossover 🔻 suggests downward pressure.
4️⃣ MACD
•DIF: -0.01166
•MACD Line: -0.00479 🐻
•Histogram: Negative bars increasing (Bearish continuation likely).
5️⃣ KDJ Indicator
•K (Stochastic): 14.45 ⚠️ Oversold territory, rebound possible.
•D: 19.02, J: 5.32
6️⃣ Volume (VOL)
•High sell volume 🔻 dominating. Lack of buying pressure.
Conclusion 🔮
•The overall sentiment is bearish, with a possible retest of $0.25054.
•Watch for a breakout if price pushes above $0.35996. Stay cautious for more drops!