Dogecoin has been under pressure since May, sliding 31% from $0.113 to a low of $0.078. It has since bounced slightly and is now trading in the $0.083–$0.085 range.
Dogecoin (DOGE) Price
The TD Sequential indicator — the same tool that flagged DOGE’s sell-off on May 7 — has now flipped to a buy signal.
That said, the signal alone does not confirm a full reversal. Price still needs to hold its current support zone and push above nearby resistance to validate a real recovery.
DOGE is currently sitting near the $0.080–$0.083 support zone. The 24-hour high was $0.085313, with trading volume around $654 million.
The RSI sits at roughly 32.61, placing DOGE close to oversold territory. Selling pressure has eased, but momentum has not turned bullish yet.
Large holders have been active. More than 200 million DOGE were bought by whales in the past week, according to data from Ali Charts.
Analyst MikybullCrypto described the current price zone as a “good level for accumulation.” Whale buying near long-term lows can support confidence, though it works best when paired with stronger technical signals.
Derivatives data from Coinglass showed DOGE futures volume rose 8.76% to $1.47 billion. Open interest also climbed 2.52% to $1.03 billion, pointing to rising trader activity.
Spot netflows remain quiet at around $53,940 — small compared to the large flow spikes seen during the earlier sell-off.
Analyst Team LAMBO noted that DOGE recently tested a key monthly order block and briefly swept liquidity below recent levels before bouncing. The current structure remains neutral.
The critical level is $0.096. A clean daily close above that would be the first sign the bearish trend is weakening.
If that level is reclaimed, $0.100–$0.110 comes into focus. A stronger push above $0.110 would suggest buyers are rebuilding control.
If $0.100 is cleared, technical targets extend toward $0.12 and possibly $0.15, where previous liquidity sits.
DOGE last traded at $0.08468, with a market cap of $14.42 billion and a 24-hour volume of $613 million.
The post Dogecoin (DOGE) Price: TD Sequential Flashes Buy Signal After 31% Drop as Whales Load Up appeared first on CoinCentral.


