16190814048 Key Nodes in Long and Short Battle: 0.163 Support Level Becomes the Short-Term Winning Hand!
4-Hour Technical Analysis:
DOGE is currently oscillating in the range of 0.16234-0.17995, with the last 4-hour candlestick closing bullish, but trading volume has shrunk by 32% compared to the previous period, revealing potential risks of divergence between price and volume. The MACD green bars continue to shorten (-0.002→-0.0005), indicating a decline in bearish momentum, while the KDJ indicator is hovering in the neutral zone at 28, without forming a clear golden cross signal, indicating that the long and short battle is at a critical point.
Key Level Defense and Offense Strategy:
Strong Support Zone: 0.163 (previous low + BOSS Wallet's first buy point) forms a short-term bullish defense line; a drop below this requires vigilance for testing the historical low of 0.16234;
Resistance Pressure Zone: 0.1739 (Bollinger Bands upper track + second sell point) forms a dense selling pressure area, and a breakout requires a volume increase to 1.2 times the 5-day average volume;
Capital Underflow: On-chain data shows signs of whale addresses accumulating in the 0.163-0.165 range (with 120 million coins flowing in over 24 hours), resonating with a slight increase in spot ETF holdings.
Practical Operation Suggestions:
Adopt a "buy low at support + hedge at resistance" strategy: gradually build long positions in the range of 0.163-0.165, with a stop-loss at 0.16234 (exit immediately if breached), and target at 0.1739; if it breaks through 0.1739, chase the rise to take profits at 0.17995. Current market sentiment is cautious, and one should be wary of the pinning events caused by weekend liquidity exhaustion, keeping positions controlled within 30%.