DOGE (Dogecoin) Short-term Bearish Signal Emerges, Beware of Pullback Risks

Currently, the rebound momentum of DOGE on the daily chart has significantly diminished, with prices repeatedly showing upper shadows near recent highs, and trading volume simultaneously shrinking, indicating that bullish strength is gradually depleting and upward pressure is significant.

From the 4-hour chart, the price has broken below the short-term upward trend line, the MACD indicator has formed a death cross and is diverging downwards, with bears beginning to dominate. Combined with the upper pressure of the previous oscillation range, it is highly likely to enter a pullback cycle in the short term. It is recommended to avoid chasing highs and instead look for opportunities to position short at rebound nodes, while paying attention to the effectiveness of previous support levels. #ETH创历史新高 #BNB创新高 #以太坊生态山寨币普涨 #加密概念美股普涨