1. Recent Price Trends and Volume Characteristics
As of 00:00 on September 7, 2025, DOGE's 4-hour K-line chart showed a fluctuating and diverging trend. In terms of price fluctuations, the price over the past four hours has significantly increased compared to 16:00 on September 6, but has still fallen slightly compared to 20:00 on September 5, forming a small negative candlestick. The latest K-line closed with a positive candlestick, with the closing price slightly higher than the opening price, indicating a tentative offensive move by short-term bulls.
In terms of trading volume, recent trading volume has continued to decline, especially during the price recovery phase, with trading volume significantly decreasing compared to the previous few hours, forming a volume-price divergence pattern of "rising prices and decreasing volume." This characteristic indicates that the current upward momentum is weakening, the market's pursuit of rising prices is insufficient, and the divergence between bulls and bears at the current price level is intensifying, requiring vigilance against the risk of a short-term correction.
2. Technical Indicators
MACD indicator: The market has not yet formed a clear trend, but the MACD histogram remains in the negative range and is gradually shortening. This signal indicates that short-term bearish forces are weakening and bullish forces are gradually accumulating. There is a possibility of a trend reversal in the short term, but a clear bullish advantage has not yet been established.
KDJ indicator: The indicator has not shown a golden cross or dead cross signal. The current KDJ value is 4, which is in the oversold range. Generally speaking, the oversold state suggests that the price has the potential to rebound, but it needs to be judged in combination with the volume and price structure. At present, a single indicator cannot support the expectation of a strong rebound.
Moving Average System: From 20:00 on September 6th to 12:00 on September 7th, the MA10 (10-period moving average) remained above the MA30 (30-period moving average), forming a short-term moving average support pattern. This indicates that the average holding cost over the past ten 4-hour periods has provided some support to the price, and the short-term trend is bullish but with limited strength.
3. Key Point Analysis (Mingge’s Strategy Interpretation)
Combined with the technical characteristics, the key operation points given by Mingge have clear market logic:
Buy Zone:
Buy point 1 (0.21) and buy point 2 (0.20966489) are both close to the recent support level (0.2109). This range is near the MA10 moving average and is close to the recent low (0.20939). Placing long orders near the support level can reduce downside risk.
The long stop-loss point is set at 0.20939, that is, the stop-loss is set when the price falls below the recent lowest point. This strategy can effectively control the unilateral downside risk.
Selling Area:
Sell point 1 (0.22) corresponds exactly to the recent resistance level. Taking partial profits in this range is in line with the "profit when encountering resistance" logic. Sell point 2 (0.223122) is the target level above the resistance level, suitable for aggressive investors to seize excess returns.
The short stop loss point (0.22122) is set based on the recent highest point. If the price breaks through this position, the short logic will fail. The stop loss operation can avoid losses caused by trend reversal.
IV. Comprehensive judgment and operational suggestions
DOGE is currently in a volatile pattern. The divergence between volume and price, coupled with the contradictory signals of weakening MACD short-selling power, indicates that the market is at a critical stage of choosing a direction. Operational suggestions:
Conservative investors can wait for the price to stabilize at the resistance level (0.22) and increase in volume before entering the market to go long, or follow up with short selling after it breaks below the support level (0.2109) to avoid trading against the trend;
Short-term traders can rely on key points to buy low and sell high, strictly implement stop-loss discipline, and control their positions within 30%;
Pay close attention to subsequent changes in volume. If the price breaks through the resistance level accompanied by a significant increase in trading volume, the upward trend is expected to be confirmed. Otherwise, be wary of the risk of a false breakout.
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