In the recent trading days, the price trend of DOGE has drawn the attention of investors. From the 4-hour candlestick chart, this encryption currency is likely to continue its falling trend. Currently, there are no clear signs of a price bottom in the market, which has led many traders to maintain a cautious attitude.

Observing the chart of the 1-hour time frame, we can see that the Relative Strength Index ( RSI ) has shown a significant top divergence pattern. Although the price has slightly increased, this technical pattern is often seen as a potential precursor to a reversal.

From a trading strategy perspective, the price level around $0.22522 is worth close attention. This level is not only a support area that has been validated multiple times in the past, but it also aligns with a reasonable target for the current pullback. Investors may consider taking action near this price level, but they should also closely monitor market changes and adjust their strategies in a timely manner.

It is worth noting that the cryptocurrency market is highly volatile, and investors should conduct comprehensive research and risk assessment before making any decisions. While technical analysis is important, it should also be combined with various information such as macroeconomic factors, industry news, and project fundamentals to formulate an investment strategy.