DOGE 4-Hour Technical Analysis: Divergence Between Price and Volume Indicates Weakening Uptrend, Key Levels Overview

2026-01-04 13:40:15

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【CryptoWorld】DOGE has shown a consolidation pattern in the recent 4-hour trend. Compared to the level at 2026-01-04 04:00:00, the price experienced a significant dip but subsequently recovered compared to 2026-01-03 16:00:00. The latest candlestick shows a small bullish body, with the closing price above the opening price, indicating that the bulls are still fighting for control.

However, the trading volume warrants attention—while the price is rising, the trading volume is shrinking. This divergence between volume and price suggests that the upward momentum may be weakening.

From a technical indicator perspective, the current MACD histogram remains positive but has been gradually shrinking, reflecting a weakening bullish force. The KDJ indicator has not shown a clear golden or death cross, but its value has reached 88, in the overbought zone, which indicates a potential risk of a pullback after a rally.

On the moving averages, the MA10 has been above the MA30 for two consecutive periods (2026-01-04 04:00:00 and 08:00:00), forming an upward arrangement, but caution is advised as the momentum may be waning. The RSI value exceeding 70 also signals an overbought condition, suggesting a possible high-level correction.

Based on the above 4-hour trend analysis, here are the key trading reference points:

Long Strategy: First buy-in at 0.14, second buy-in at 0.1157; stop-loss set at 0.1173.

Short Strategy: First sell at 0.1565, second sell at 0.1555; stop-loss set at 0.1519.

Support and Resistance: Recent support level is at 0.1162, resistance at 0.1565. Currently, the price fluctuates within the 0.1173-0.1519 range, touching a high of 0.1519 and a low of 0.1173.

Overall, DOGE shows short-term characteristics of high-level consolidation and waning momentum. Traders should look for opportunities within support and resistance zones, while closely monitoring volume behavior during breakouts of these key levels.

DOGE-0,73%

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ProveMyZK

· 01-05 15:50

Whenever it comes to divergence between price and volume, I always misjudge it. Maybe I should wait for the KDJ to pull back before making a move.

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DeFiDoctor

· 01-04 14:08

The divergence between price and volume signals... The medical record shows that DOGE is a bit weak, with MACD narrowing and KDJ overbought at 88. The clinical signs are not very optimistic, and it is recommended to conduct regular follow-up risk alerts.

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SwapWhisperer

· 01-04 14:02

Price and volume divergence always feels like it's about to crash. --- Overbought at 88 but still stubbornly denying it, be careful with this wave. --- It's the same old trick of volume shrinking while price rises, a familiar routine. --- MACD bars are getting smaller and smaller, are the bulls really losing momentum? --- Rising sharply then falling back? Give me another push up, please. --- KDJ is almost overbought but the bulls are still claiming dominance, I can't hold on anymore. --- Always feel like this rebound is going to fail, wait for the bottom to buy. --- Price rising but trading volume shrinking, isn't this a sign of distribution? --- What about MA10 for two consecutive periods? Come on, finish explaining. --- Pushing through the overbought zone? Don't say I didn't warn you.

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SatoshiLeftOnRead

· 01-04 13:58

The old trick of divergence between price and volume is tired. DOGE is still the same, just inflated artificially.

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