Dogecoin (DOGE) price may be approaching a turning point, as the TD Sequential indicator has flashed a buy signal on its three-day trading chart. This signal, identified by crypto expert Ali on X (formerly Twitter), suggests that the recent downward trend could be losing strength, setting the stage for a possible price recovery.
Ali’s tweet highlights that DOGE is “primed for a bounce” following a strong bearish phase. The accompanying chart analysis shows a TD Sequential buy setup, which traders often interpret as a sign that selling pressure has reached exhaustion. This development has drawn the attention of market participants watching for potential price movements.
What you'll learn 👉
Dogecoin Recent Price Action and Trend Analysis
Looking at DOGE’s chart, the price has been dropping since mid-January, showing a pattern of lower peaks and valleys. There was a big drop in early March, pushing the downward movement. But after hitting $0.1500, prices have settled down a bit.
The recent candles show the market is unsure what to do next. The small bodies with long wicks suggest sellers aren’t pushing as hard as before. The descending trendline from a previous high is currently being tested, and a breakout above this level could confirm a shift in momentum.
DOGE Support and Resistance Levels to Watch
Support seems to be around $0.1500, where buyers have stepped in before. Resistance sits between $0.1900 and $0.2000 – areas that used to be supported before prices fell through.
If DOGE’s price breaks above resistance, it could climb toward $0.22-$0.24. But if it can’t hold current prices, we might see another test of support and possibly more drops.
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DOGE Market Scenarios and Price Outlook
From a technical perspective, DOGE is at a critical decision point. If the price breaks past $0.1900, bullish momentum could gain traction. However, rejection at resistance could result in another downturn, possibly pushing DOGE’s price back toward the $0.1500 zone.
With the TD Sequential buy signal in play, traders are monitoring Dogecoin’s movements to assess whether this setup will lead to a sustained recovery or if the bearish trend will persist.
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