Binance DOGEUSDT 1h Trend Prediction

DOGEUSDT short-term upward breakout signs are evident. The candlestick chart shows that the lows in the past two periods are consistently rising, with gradually increasing volume, indicating a signal of institutional buying entering the market. The main short-term moving averages are all bullishly aligned, and the price exhibits elasticity. The MACD red histogram continues to enlarge but has not become overheated, suggesting room for further upward movement. The RSI24 has reached 70 but has not entered the extreme zone. Although there is short-term profit-taking pressure, the market remains in a strong zone. The KDJ indicator shows a short-term J-value retracement, leaving room for upward momentum. The active buy-sell ratio is slightly above 1, indicating market trading tends toward bullishness. The hedge fund long-short positions and the number of accounts both surpass 2, reflecting strong willingness of major funds, with bulls dominating the market. The DMI+ momentum is significantly greater than DMI-, and with ADX>50, indicating a strong unilateral trend. Combined with overall volatility and volume performance, the price is expected to continue challenging recent highs. Within 1 hour, the price is expected to test resistance near R3 (0.13349). If bullish momentum continues, target range is 0.13350–0.13500. After encountering resistance above, a brief correction may occur. A valid pullback support at 0.1274 still suggests following in portions. It is recommended to adopt a high-then-low buy or trend-following long approach within this range. Short-term stop-loss below 0.1274 to prevent unforeseen volatility.