From today's 4-hour candlestick and daily line, DOGE is currently fluctuating around 0.1748. It is still caught in the tightly intertwined area of MA5, 10, and 20 moving averages, in a stalemate, with no clear direction released yet, but preliminary signs are emerging.
Technical analysis:
4-hour chart:
Moving averages EMA5/10/20 are flattening, indicating intense chip game, with the main force still observing;
MACD red bars continue to shrink, DIF approaches DEA, with a death cross in sight, weakly bearish;
SAR turns green and presses down, indicating that the short-term pace is not in a hurry to rise;
BOLL middle track is pressing down, short-term resistance around 0.179 has not been effectively broken.
Daily chart:
Yesterday's candlestick closed as a doji, this morning it formed a small bearish candle, retracing to the EMA5 moving average (0.1745), has not yet broken;
MACD bars turn green, momentum weakens but has not yet turned bearish, short-term prone to box correction;
SAR support point rises to 0.19298, forming a slope-style upward protection; if broken, the long-side defense will fail.
Today's key point prediction (using 0.1748 as the current price base):
First support level: 0.1785
Second support level: 0.1813
Stop-loss level: 0.171
Today's predicted direction:
Short-term biased towards a fluctuating upward structure, mainly buying on dips, taking profits on highs, not suitable for prolonged battles.
