Dogecoin [DOGE] has drifted toward the lower boundary of its descending structure as a TD Sequential buy signal prints on the daily chart near $0.095. The signal appears after weeks of controlled selling rather than panic-driven liquidation.
DOGE has spent months trending lower from its September peak, yet selling pressure has gradually lost intensity. Recent candles exhibit shorter bodies and slower follow-through, suggesting potential exhaustion.
However, this signal does not invalidate the broader trend. Instead, it flags a potential pause or tactical rebound within a dominant downtrend.
Therefore, the setup invites caution rather than optimism, especially while DOGE price remains below key resistance levels.
Downtrend structure still caps Dogecoin rebounds
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Source ambcrypto.com
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