Dogecoin (DOGE) opened around $0.1326 but quickly declined, reaching a low near $0.129, indicating strong early selling pressure. After bottoming out, the price rebounded sharply, climbing back above $0.131 and briefly testing $0.133. Currently, DOGE is consolidating around $0.132, showing short-term stability as buyers defend gains near resistance levels. DOGE price chart, Source: CoinMarketCap DOGE TD Sequential Buy Signal Points to Possible Short-Term Rebound According to recent data by analyst Ali Martinez, the TD Sequential indicator has flashed a buy signal on Dogecoin’s 3-day chart, suggesting that the recent downside move may be losing momentum. The chart shows DOGE completing a TD “9” count after a series of consecutive bearish candles, a setup that often signals trend exhaustion. This pattern indicates that selling pressure around the $0.13 zone is weakening, opening the door for a potential short-term rebound as buyers begin to step in. Source: X Martinez notes that if this TD buy signal holds, Dogecoin could see a relief bounce from current levels, with initial upside interest likely forming above the $0.132 area. While the broader trend still requires confirmation, the signal historically marks points where price stabilizes or reverses, especially when it appears near key support. As a result, DOGE may be entering a phase where downside risk is reduced and a recovery move becomes increasingly likely in the coming sessions. Dogecoin Inverse Head and Shoulders Signals Bullish Breakout Above $0.133 According to analyst Trader Tardigrade, Dogecoin has completed a clear inverse Head and Shoulders pattern on the 2-hour chart, signaling a bullish reversal setup. The left shoulder formed near the $0.128–$0.130 zone, followed by a deeper head around $0.120, and a higher right shoulder holding above $0.129, showing strengthening buyer support. This structure highlights weakening selling pressure as DOGE gradually pushed back toward the neckline resistance around $0.132–$0.133. Source: X With price now breaking and holding above the neckline near $0.133, the pattern is considered complete, increasing the probability of further upside continuation. Based on the depth of the pattern, Trader Tardigrade suggests a measured move that could extend Dogecoin toward the $0.138–$0.140 range if momentum sustains. As long as DOGE remains above the $0.132 breakout level, the short-term trend remains bullish, with buyers in control.
