DOGE/USDT (4-hour chart) Technical Analysis (As of April 18, 2025)
📌 Current Price:
0.15534 USDT
Daily Change +0.35%, showing slight upward fluctuations.
1. Trend Analysis
🔹 Overall Trend:
DOGE has maintained a descending channel structure since February. Although there was a rebound at the end of March, the rebound was weak, and the price failed to break through the 0.18 resistance area. Currently, it has re-entered a sideways consolidation phase.
🔹 Short-term Trend:
The price is consolidating within the 0.145~0.165 range, with a weak short-term trend and no confirmed effective reversal signals yet.
2. RSI Indicator (Relative Strength Index)
Current RSI (14): 45.65
RSI Moving Average: 44.32
It is below 50 but above 30, which is in a neutral to weak zone;
The RSI trend is flat, showing no obvious divergence and has not broken through the critical level for upward momentum;
If it can break above 50 and hold, market sentiment may further improve.
3. Volume-Price Relationship
Overall trading volume remains low, and the rebound lacks significant volume support;
This indicates insufficient buying momentum, and the current market is still in a cautious wait-and-see state;
If future increases are accompanied by rising volume, it may attract a new round of funds to enter.
4. Key Technical Levels
🔻 Support Levels:
0.1500 (short-term support, currently being tested);
0.1400 (important support, if broken, may open further downside space);
0.1200 (retracement target in extreme cases).
🔺 Resistance Levels:
0.1650 (upper boundary of the current consolidation range, previous high);
0.1800 (strong resistance area, if the rebound breaks through here, the trend may reverse);
0.2000 (psychological level and mid-term target).
5. Strategy Suggestions
📉 Short-term Operations:
If the price breaks below 0.150 with increased volume, it is advisable to wait and see or take light short positions;
If RSI breaks above 50 while the price holds above 0.165, consider trying short-term long positions.
📈 Mid-term Direction:
No clear trend reversal has formed yet;
It is advised to pay attention to whether the 0.180 resistance area can be broken. If it cannot be effectively broken, the mid-term structure remains weak.
✅ Summary
DOGE is currently in a consolidation phase;
RSI shows slight upward signs, but momentum is still weak;
Trading volume has not effectively increased, and the market has not formed a consensus;
In the short term, pay attention to the performance of the 0.150 support and cautiously wait for a breakout signal.
📌 Tendency Judgment: Slightly bearish, waiting for breakthrough confirmation before making directional choices.