🐳 $DOGE 4-hour death cross—let’s take a look from the perspective of chip distribution:
The bullish momentum histogram has lasted for 17 consecutive 4-hour candles, indicating that bulls have been in control throughout this period. But chasing the rally is starting to lose steam. It’s below the zero line, and the rebound failed to gain traction before weakening again, so those buying at low levels should be cautious.
Feel free to add any details you’ve noticed.
#DOGE
The bullish momentum histogram has lasted for 17 consecutive 4-hour candles, indicating that bulls have been in control throughout this period. But chasing the rally is starting to lose steam. It’s below the zero line, and the rebound failed to gain traction before weakening again, so those buying at low levels should be cautious.
Feel free to add any details you’ve noticed.
#DOGE