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DOGE four-hour chart shows a strong breakout! Bullish engulfing + MACD widening, short-term trading opportunity analysis
【CryptoWorld】DOGE has shown a clear bullish offensive in the past 4 hours. Comparing with the year-end market, the price has already rebounded from the low point on December 31 and continuously broke through key resistance levels after the start of 2026. The latest candlestick is a typical bullish close, with the closing price significantly higher than the opening price, indicating that buyers are in control.
Trading volume also provides a strong signal. It has clearly increased compared to a few hours ago, with good price-volume coordination, which usually suggests that upward momentum is still being accumulated. From a technical indicator perspective, the MACD histogram remains positive and is gradually lengthening, showing strong bullish strength. The KDJ currently shows no clear golden cross or death cross signals, with a value of 43, still hovering in the neutral zone, indicating room for further upward movement.
Based on the current technical analysis, the key levels are as follows: support is currently at 0.1171; resistance is at 0.1278. For short-term trading, if bullish, look for buying opportunities around 0.11727 or 0.1171, with a stop loss set at 0.11727; target levels are sequentially at 0.12749 and 0.1278. If bearish, consider entering around 0.12749, with a stop loss at 0.12749. The recent high is 0.12749, and the low is 0.11727, with a modest range but a clear direction.