🚀🚀$DOGE Price Trend Prediction and Trading Suggestions!!!🚀🚀
The recent 4-hour K-line chart reveals a complex pattern of DOGE price fluctuations, showing a significant increase compared to the price level at 12:00 on December 30, 2024, with a rebound from the price at 20:00 the previous day, although still lower than the level at 08:00 on December 29. During this period, a prominent bullish candle was followed by a bearish candle, with the closing price lower than the opening price, indicating a subtle change in market sentiment.
Currently, market trading appears relatively quiet, with trading volume reduced compared to the previous hours, and the price is declining in sync with the trading volume, creating an atmosphere of inactivity. From a technical indicator perspective, the MACD analysis shows that the market trend is unclear, with its histogram remaining negative and gradually expanding, suggesting that bearish forces are gaining the upper hand. The KDJ indicator, on the other hand, presents a neutral state, with no clear signals of a golden cross or a death cross; the KDJ value is 43, also indicating market indecision.
It is worth noting that in the comparison of MA10 and MA30, both showed that MA10 was above MA30 at 16:00 and 20:00 on December 30, further intensifying the market's volatility and downward trend.
Based on the above analysis, BOSS Wallet offers the following strategic suggestions: consider buying at prices 0.31095 and 0.3092, while setting a long stop-loss point at 0.31095 to mitigate potential risks. Moreover, consider selling when prices reach 0.32941 and 0.3285, with a short stop-loss point set at 0.32941. Additionally, the recent support level is at 0.3092, while the resistance level is at 0.3285, and the highest and lowest points are 0.32941 and 0.31095, respectively.
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