DOGE 4-hour Trend Analysis: Trading Opportunities Under Short Positions Pressure

[Coin World] In the past 4 hours, the price has undergone a significant adjustment trend. From the level of 2025-12-20 16:00:00, the price has dropped sharply, breaking through the low point of the same day at 20:00:00, and showing a downward trend compared to the previous day's 16:00:00. The last Candlestick closed bearish, with the Closing Price significantly lower than the Opening Price, and the short positions engulfing signal is evident.

From the perspective of trading volume, the recent trading volume has continued to shrink, significantly decreasing compared to the previous few hours. Both the price and trading volume have fallen, indicating that the market is quiet with unclear buying and selling directions.

In terms of technical indicators, although the MACD histogram is still in the positive zone, its width is gradually narrowing, indicating that the bullish momentum is waning. The KDJ indicator is currently in the overbought area (reading 96), but there are no clear golden cross or death cross signals. Notably, the MA10 has already surpassed the MA30, which has been confirmed at two points in time: 2025-12-20 20:00:00 and 2025-12-21 00:00:00, suggesting short-term bearish pressure.

Based on the current technical analysis, the main reference price levels are as follows: Long entry can be considered around 0.12026 or 0.1214, with the corresponding stop loss set at 0.12026; for short positions, the sell reference prices are at 0.13288 and 0.1359, with the stop loss also at 0.13288. The recent support level is at 0.1214, and the resistance level is at 0.1359, with a maximum of 0.13288 and a minimum drop to 0.12026 within 24 hours. Overall, the market is in a weak consolidation phase, and traders can respond flexibly according to their own risk preferences and position sizes.