Dogecoin has printed a TD Sequential buy signal on its daily chart near $0.095, suggesting potential downward exhaustion after months of controlled selling within a descending structure. The signal aligns with buyer-dominant spot trading and ongoing exchange outflows, indicating accumulation. However, analysts caution this points to a potential pause or tactical rebound rather than a trend reversal, as Dogecoin remains below key resistance levels within its established downtrend.
Dogecoin has approached the lower boundary of its descending trend structure as a technical buy signal appears near $0.095. The TD Sequential indicator printed a buy signal on the daily chart after weeks of controlled selling, not panic-driven liquidation. This development comes as selling pressure has gradually lost intensity over recent months.
The signal does not invalidate the broader downtrend, according to technical analysis shared on social media. Instead, it flags a potential pause or tactical rebound within the dominant downtrend. At press time, Dogecoin traded near $0.096 after rising roughly 6.3% over 24 hours.
Prices continue to follow a descending regression channel that has controlled movement for months. The $0.080 zone remains primary support, while $0.117 stands as a key resistance level that has repeatedly rejected recovery attempts since November. Any sustainable rebound must reclaim this level first.
Despite prolonged price weakness, Spot Taker CVD data remains buyer-dominant, showing demand is absorbing available supply rather than exiting. Aggressive market buys continue to outweigh sells, contrasting with typical panic selloffs. This dynamic strengthens the relevance of the TD Sequential signal.
Exchange flow data reinforces this narrative, with Dogecoin recording net-negative exchange flows. A recent daily outflow of approximately $7.7 million suggests holders are not positioning for immediate distribution during the weakness. Tokens leaving exchanges indicate reduced sell-side availability near local lows.
Meanwhile, Open Interest climbed over 5%, pushing total derivatives positioning to around $1.04 billion while the price remains compressed. Rising OI without a structural breakout increases volatility risk, as both long and short positioning appear active. The current zone carries heightened liquidation sensitivity.
The setup suggests conditions support a short-term stabilization or relief bounce, but confirmation depends on DOGE reclaiming key channel levels. Until then, the setup favors volatility over conviction, with downside risk fading but not fully resolved.
