Dogecoin (Doge) The price is ready for the explosion? The main signal “buy” on the weekly graph
The price of Dogecoin may enter a stage of the interest of the renewed market, as a wide -ranging technical signal appeared on the weekly graph. The potential transformation comes amid the constant pressure pressure that paid Dog from its highest level near $ 0.50 to the current range less than $ 0.18. The Crypto Ali expert indicated that the Sequetial TD has sparked a purchase signal on X (formerly Twitter), indicating a possible change in the direction.
The graph shared by the analyst shared a weekly candle “9”, a point in the TD sequence system, which often indicates an exhaustion in the prevailing direction. Traders are now watching 0.165 to $ 0.170 for support marks while waiting for more confirmation of the possible reflection.
TD Sequential Buy Signal draws attention
The graph shows Dogecoin prices in the final direction for a long time since mid -December 2024. The price continues to decrease, and the peaks and declines appear at a time, which means that the sellers are still controlling. After declining to about $ 0.17, the price was stable with smaller movements on the graph, indicating that the descending payment may lose steam.
The “9” candle of TD serial system appears on the latest tape. Historically, this number indicates that the trend may be near fatigue. In this case, it indicates the following lower months of low prices. According to Ali’s tweet, this may be the beginning of Dog’s recovery.
Dogecoin key and chart structure
Support has appeared in the area of 0.165 – 0.170 dollars, as modern candles show a long tail and a more strict price movement. This behavior may indicate that sellers lose control of this level. If Doge Price maintains this rule, traders will see about $ 0.22, $ 0.28 and $ 0.35 as the following possible resistance points.
The descending trend line is still intact. For any bullish momentum for construction, you will need Dog to fracture over the direction line and keep near it. Until this happens, the wider market structure remains down.
Also read: Only hours left to buy this Shiba Inu and Pepe Killer before it settled
The context of the Dog Market and a general view
The behavior of the current market suggests monotheism. TD serial signal has increased speculation about a possible recovery in the short term, but the broader confirmation is still absent. The momentum and size will need to increase any continuous move to verify.
Ali’s tweet contributed to the high debate among market monitors. While some explain this as an early reflection indication, the prevailing direction remains down unless it is Doge PRICE broke the main resistance levels decisively.
Market participants continue to monitor the DOLELOPMETETS closely with the development of technical signals and feeling.
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