DOGE 4H Chart Update – Are We Near a Reversal?
Current Price: $0.17125 (▼ -0.81%)
24H High/Low: $0.17456 / $0.16800
Volume: 3.77B DOGE | 644.83M USDT
Chart Observations (4H Timeframe):
Recent high: $0.18440
Local bottom: $0.16654
Ongoing downtrend with a small green candle appearing – signs of a short-term bounce?
MACD still bearish:
DIF: -0.00205
DEA: -0.00150
MACD Histogram: -0.00055 (flattening slightly)
Key Levels to Watch:
Support: $0.16600–$0.16800
Resistance: $0.17400–$0.17700
My Take:
DOGE has been sliding for the past few days, but we might be seeing early signs of consolidation. MACD suggests bearish momentum is slowing. I’m watching for a breakout above $0.174 or a drop below $0.168 to guide my next move.
What’s your outlook? Are you buying the dip or waiting for confirmation?
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