Time to Buy DOGE Again? This Key Dogecoin Indicator Says Yes

Dogecoin (DOGE) could be getting ready to bounce, and one key trading signal is showing it. Popular crypto analyst Ali (@ali_charts) shared that the TD Sequential indicator has just flashed a buy signal on the 4-hour DOGE/USDT chart. This tool helps traders spot when a trend is about to reverse, and it’s now pointing to a possible end to DOGE’s recent drop.

In the chart Ali posted, the TD Sequential has reached the 9th candle, which often means a shift in direction is coming. The red “9” lines up with a low black candle, suggesting the selling pressure may be fading.

@ali_charts / X

A green arrow had already appeared earlier under a candle marked “A13,” showing that a buy signal had come up before. Since then, DOGE dropped a bit more, but this new 9-count strengthens the case for a rebound.

DOGE is trading near $0.219 at the moment. Although the price has been falling, these signs suggest that the downtrend may be slowing down. For Ali and others tracking the chart, this could be a key support area where a recovery begins.

Dogecoin Price Also Holding Up on the Short-Term Chart

On the 15-minute chart, DOGE is also showing some strength. A rising trendline has formed, connecting recent lows and giving the price a support level to lean on. DOGE has bounced off this trendline several times, which means buyers are stepping in before the price falls too far.

Dogecoin 15-Minute Price Chart

This kind of pattern shows growing pressure to move upward. Even though the price dipped to about $0.218, it quickly bounced back and is now around $0.223. The fact that each dip is followed by a higher low points to stronger buying interest.

The overall structure on this short-term chart looks like an accumulation phase. Traders often see this as a buildup before a breakout. If DOGE can move above the $0.225 level, it might confirm the start of a fresh short-term rally.

Read Also: Pepe Could Still See 40x Spike This Cycle, and This Chart Proves It

Both the 4-hour and 15-minute charts are showing signs that DOGE could be getting ready to climb again. Traders are watching closely to see if these signals turn into a real move higher.

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Temitope Olatunji
Temitope Olatunji

Temitope is a seasoned writer with over four years of experience. He specializes in Web3 and FinTech topics and enjoys creating content in these areas. He holds both a bachelor's and master's degree in Linguistics. When not writing, he trades forex and plays video games.

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