Current Market Overview (DOGE current price approximately 0.1775)
1-Hour Line Analysis
Trend Structure: Bollinger Bands are starting to contract, K-line is closely following the middle track, SAR has flipped bullish, short-term price shows signs of breaking above the upper track;
Volume: Volume is gradually increasing, indicating that bulls are attempting an active attack;
Short Conclusion: The short-term will choose a direction, bullish signals are clear, consider going long at lower levels to bet on a breakout.
4-Hour Line Analysis: Structural Features: MACD low position golden cross is beginning to show, the lower Bollinger Band support is effective;
TD Indicator: A golden '13' reversal signal has appeared, with strong signs of bullish engulfing;
Price Performance: A strong double bottom formed around 0.167 earlier, rebounding to around 0.178 and consolidating.
Daily Chart Analysis: Medium-term Trend: Downward trend is slowing, entering a consolidation and repair period, SAR has flipped from bearish to bullish, the middle Bollinger Band has yet to break through, showing potential for upward movement;
Bull-Bear Strength: Recently, after a volume increase and drop, volume has contracted, short-term chips are stable, and the main force may be gathering strength.
Operational Strategy
Opening Position 0.1775
First Point 0.1819
Second Point 0.1837
Stop Loss Position 0.1722
Combining recent trends and technical structures, DOGE shows signs of bullish return, especially the stability of the 1-hour line and the bottom stabilization signal in the 4-hour line. It is recommended to adopt a light position long + partial profit-taking strategy; if volume breaks through 0.180, then increase the position and follow up.
