Dogecoin News Today: DOGE's Bullish Crossroads: TD Sequential Signals Possible Reversal

Dogecoin (DOGE) is currently at a pivotal moment as the TD Sequential buy signal appears on its 4-hour chart, sparking renewed interest among traders. At a price of $0.209, the cryptocurrency is poised at a key technical level after a prolonged decline, with the buy signal indicating the potential for a reversal in the near term. The TD Sequential indicator is widely recognized for its ability to identify turning points in the market and has historically aligned with bullish reversals in the wake of bearish momentum. This signal, coupled with oversold conditions and a key support level holding firm, suggests the market may be approaching a critical inflection point.

Technical analysts have identified key resistance levels to watch as DOGE moves forward. If the coin manages to maintain its position above the $0.20 level, it faces immediate resistance at $0.216 and $0.222. A successful break through these levels could push DOGE toward $0.244, a significant target for the bulls. Beyond that, traders are monitoring $0.277 as a crucial threshold; if DOGE surpasses this level, it could potentially target $0.42, a price point that represents a major bullish breakout from the current range. However, the path to recovery is not without risk, and a failure to maintain its position above $0.20 could lead to a retest of lower support levels, including a potential drop to $0.18 [1].

In addition to the TD Sequential signal, a developing cup-and-handle pattern on the daily chart has also drawn attention. This formation suggests a continuation of the bullish trend should the price break above its neckline resistance. The pattern implies a potential move toward $0.42 if the breakout is confirmed, reinforcing the significance of the $0.244 and $0.277 resistance levels. The convergence of these technical signals increases the probability of a short-term reversal but also highlights the need for caution, given the volatility and liquidity risks associated with large long positions currently held on major exchanges [2].

Market sentiment further underscores the bullish setup for DOGE. On Binance, long positions account for 75% of the total, indicating a strong bias toward a price rebound. This heavy long exposure, however, could also increase the risk of cascading liquidations if the price retraces. A liquidation heatmap has revealed significant clusters near $0.215 for shorts and $0.225 for longs, which could trigger sharp price swings if DOGE moves beyond these levels. Traders are therefore advised to monitor these thresholds closely, as a decisive move above $0.225 could initiate a short squeeze while a dip below $0.215 could accelerate selling pressure [2].

Whale activity has also played a role in recent price movements. A massive whale transfer of 900 million DOGE to a major exchange between August 24 and 25 triggered a sharp sell-off, temporarily pushing the price down to near $0.208. Despite this volatility, on-chain data shows that large holders continue to accumulate DOGE, with over 680 million tokens added to large wallets during August. This accumulation suggests continued long-term interest in the meme coin, even amid short-term price fluctuations [3].

Looking ahead, the next few sessions will be crucial in determining whether DOGE can sustain its current bullish momentum. Traders are advised to keep a close eye on the $0.216–$0.222 resistance range, as well as the broader cup-and-handle pattern. A breakout above these levels with confirmation from increased volume and RSI movement above 55 would signal a stronger case for a sustained recovery. Conversely, a breakdown below $0.20 could lead to a retest of key support levels, increasing the likelihood of a deeper correction [4].

Source: [1] Dog Coin Price Prediction: Buy Signal from TD Sequential ... (https://thetradable.com/crypto/dog-coin-price-prediction-buy-signal-from-td-sequential-sparks-reversal-hopes-ig--m) [2] Dogecoin eyes breakout: THIS will decide DOGE's next big ... (https://ambcrypto.com/dogecoin-eyes-breakout-this-will-decide-doges-next-big-move) [3] How Dogecoin Spiked 4% Overnight — And What's Next? (https://coinpaper.com/10750/how-dogecoin-spiked-4-overnight-and-what-s-next) [4] DOGE Price Prediction: Dogecoin Eyes $0.238 Breakout ... (https://blockchain.news/news/20250828-price-prediction-target-doge-dogecoin-eyes-0238-breakout-as-triangle)