On the 4-hour chart, the price once again dipped near 0.12 before quickly rising. However, there is strong selling pressure above, and the current downward trend has not improved. The MACD has already formed a death cross, with the red histogram continuing to expand. The downward trend is not over yet.
Personal suggestion: consider buying around 0.126-0.128, with a target near 0.13-0.12.
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January 22 $DOGE Silk Road
On the 4-hour chart, the price once again dipped near 0.12 before quickly rising. However, there is strong selling pressure above, and the current downward trend has not improved. The MACD has already formed a death cross, with the red histogram continuing to expand. The downward trend is not over yet.
Personal suggestion: consider buying around 0.126-0.128, with a target near 0.13-0.12.