According to the latest Technical Analysis, DOGE is showing some positive signals on the 4-hour chart. The continuous narrowing of the Bollinger Bands indicates that the bullish and bearish forces are gradually balancing, which is usually a sign that the market is about to make an important breakthrough.



Based on the current trading volume and K-line patterns, we can infer that the trend of DOGE may be inclined to rise. This judgment is based on a comprehensive consideration of multiple technical indicators, rather than a single factor.

For investors interested in participating in DOGE trading, it may be worth considering setting a buy point near $0.210. If the trend develops as expected, the first target price may be around $0.22, with further upward targets at $0.24. If these resistance levels are broken, it could even challenge the high of $0.26.

However, it is important to note that the cryptocurrency market is highly volatile, and investors should proceed with caution and manage risks adequately. Moreover, the possibility of an overall market correction still exists, so closely monitoring the trends of mainstream cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH) is also crucial, as they often influence the direction of the entire market.

Overall, the current technical analysis of DOGE shows a certain potential for upward movement, but investors should remain vigilant and be ready to adjust their strategies to respond to market changes.
DOGE3.53%
BTC1.32%
ETH3.98%
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PanicSellervip
· 6h ago
enter a position to join the fun first
View OriginalReply0
TopBuyerBottomSellervip
· 09-01 18:50
What is this chart? It has killed me, it's just sideways.
View OriginalReply0
MidnightMEVeatervip
· 09-01 18:50
Good morning. All in DOGE suckers need to add more ingredients.
View OriginalReply0
PumpDetectorvip
· 09-01 18:45
seen this pattern before... mt gox vibes ngl
Reply0
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