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This Dogecoin (DOGE) Indicator Just Flashed “Buy”

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Dogecoin just got a spark of bullish excitement again. Analyst Ali Martinez says the TD Sequential indicator has flashed a new buy signal on the 3-day chart, and the last time this happened, the DOGE price shot up more than 101%

With sentiment still shaky across the market, that kind of historical setup is enough to make traders pay attention.

Right now, the DOGE price is sitting near $0.14 after weeks of steady downside, and this fresh signal arrives right as price approaches a familiar support level.

DOGE Gets a TD Buy Signal at Just the Right Moment

The TD Sequential is designed to spot trend exhaustion, basically indicating that sellers may be running out of fuel

Ali points out that the last identical signal triggered a massive reversal, sending the DOGE price much higher in a short window.

Source: X/@ali_charts

This doesn’t automatically guarantee another breakout, but the timing is interesting. After a slow bleed, momentum looks like it’s flattening out, and the TD setup implies a potential turning point.

Dogecoin Still Defending Its Weekly Support Zone

There’s also the bigger picture to consider. Analyst Lyvo notes that DOGE continues to respect a strong weekly support trendline, one that has been intact for years. Each time Dogecoin has revisited this zone, buyers have stepped in and defended it.

That support currently sits around $0.13, which means DOGE isn’t just flashing an indicator, it’s also sitting right where previous rallies have started

Lyvo believes this setup could lead to a meaningful bounce over the coming days or weeks if the level continues to hold.

Source: X/@LyvoCryptoReal

Nothing is guaranteed, and Lyvo makes that clear. If the DOGE price breaks below $0.13 and fails to reclaim it, the price could slip toward $0.09, the next major support area on the chart

That wouldn’t destroy the long-term structure, but it would delay any bullish momentum. So for now, the key question is simple: can $0.13 continue acting as a floor?

Read Also: Here’s Why Zcash (ZEC) Price Is Pumping Today

What Traders Are Watching Next

DOGE doesn’t need a huge breakout to start shifting sentiment. A bounce off support, a move back above $0.16, and stronger volume would all signal that buyers are returning. A clean trendline break on lower timeframes would help confirm it too.

Until then, Dogecoin is in a wait-and-see phase, but the technical ingredients for a reversal are definitely there. A TD buy signal, solid support, and growing trader interest don’t line up often.

If $0.13 holds, the DOGE price may be gearing up for another surprise move, just like last time.

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The post This Dogecoin (DOGE) Indicator Just Flashed “Buy” appeared first on CaptainAltcoin.

DOGE3.07%
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