Dogecoin (DOGE) in BTC Trading Pair Shows Short-Term Bullish Signs Amid Volume Surge

I see that #DOGEBTC trading volume has surged to 1.2787 BTC within just 57 seconds, indicating a significant buying interest with 99% of the volume being buy orders at 1.2774 BTC. The current price stands at 0.00000191 BTC (around 191 satoshis), with minimal change over the past 24 hours, showing a slight decrease of 1.546%. Over shorter timeframes like 15 minutes and 1 hour, the price has increased by approximately 0.53%, suggesting recent mild bullish momentum. The 24-hour trading volume overall is 33.5647 BTC, with buy volume comprising 44% and sell volume 56%. Notably, in the short term, the net volume shows positive activity in the last 15 minutes and 1 hour (+20% and +6%), but experienced a decline over the past 4 hours by 24%. This data indicates a short-term buy-in trend amid some recent fluctuations. From a technical perspective, the strong buy volume and recent price stability imply potential consolidation with bullish undercurrents. However, the slight decrease in 24-hour price points to caution, as market sentiment could shift quickly. The mix of short-term buying pressure contrasted with recent volume declines suggests traders should watch for confirmation signals before committing further.