【CryptoWorld】Looking at the K-line chart from the past 4 hours, DOGE's performance is still quite interesting.
The price shows clear wave-like features—recovering from the low point at 08:00, although it has pulled back compared to the 12:00 period, overall it remains in a moderate upward trend. From the candlestick pattern, small bullish candles dominate, and the last candle is a standard bullish line, with the closing price exceeding the opening price, indicating that the bulls are still fighting.
However, the trading volume is quite intriguing. Recently, the volume has significantly shrunk, dropping quite a bit compared to a few hours ago. The price and volume are decreasing together, which on the technical side is a typical sign of a quiet market—retail participation is low, and there is no strong trading enthusiasm.
Looking at technical indicators, the MACD histogram has been in the negative zone but is gradually getting shorter, indicating that the bearish momentum is waning and the bulls are showing some signs. The KDJ indicator has not shown a golden cross or death cross; currently, it is in an oversold state (KDJ value at 15), and in such cases, it often