From the 4-hour chart, the price of Dogecoin seems to be "holding its breath" as the Bollinger Bands begin to tighten, indicating a decrease in volatility, but often signaling a potential "explosion" ahead!

Currently, the DOGE price is around 0.1645, steadily approaching the middle line of the Bollinger Bands. The biggest obstacle in sight is the resistance at 0.1716; if it closes above this level, it may quickly surge to 0.1785.

The RSI indicator is also strong, currently at 57, indicating there is still room for upward movement, and we are far from being "overbought."

Although 61% of sell orders in the market seem quite aggressive, the bulls have firmly held the price range and haven't made concessions easily.

It is worth mentioning that before this adjustment, DOGE rebounded from the support level of 0.1427 and successfully established a "high ground," which is a good foundation for subsequent increases!

However, for those looking to play short-term, don't forget to set a stop-loss point; 0.1595 is a good safety line. #山寨币热点 #行情预测