#BNBChainMeme热潮 $DOGE

[DOGE/USDT price trend analysis]

1. K-line pattern:

- The recent K-line shows that the price fluctuates in the range of 0.240 to 0.245, showing a small fluctuation pattern overall.

- There are many small positive lines with long lower shadows on the daily chart, indicating that there is a certain support below.

2. Technical indicators:

- MACD: The hourly MACD bar chart turns from negative to positive, and DIF and DEA are gradually approaching, which may indicate a short-term rebound, but the daily line is still in the short-term area.

- RSI: The current RSI value is around 44, not entering the overbought or oversold zone, and the market sentiment is neutral and weak.

- EMA: The price is below EMA7, close to EMA30, and far below EMA120. The short-term trend is bearish, and the medium and long-term moving averages are obviously suppressed.

3. Trading volume:

- Hourly trading volume is relatively stable, with no obvious signs of amplification, and the market is in a wait-and-see mood.

- Daily trading volume has decreased compared with the previous few days, indicating that the market activity has declined.

[Buy and sell points]

- Buy point 1: 0.240 USDT (close to the previous low, there is support)

- Buy point 2: 0.237 USDT (below the integer mark, further support is likely)

- Long stop loss point: 0.235 USDT (important support level after breaking through buy point 2)

- Sell point 1: 0.248 USDT (pressure range close to EMA30 and previous highs)

- Sell point 2: 0.251 USDT (close to EMA120, strong resistance area)

- Short stop loss point: 0.253 USDT (upward trend confirmed after breaking through sell point 2)

DOGE's 1-hour price trend: sideways

Jieshen's analysis and derivation does not constitute investment advice, for reference only.