Since its launch Dogecoin has undergone sharp price changes and trades now under $0.25. The cryptocurrency market correction hits meme coins hardest and makes them struggle to return to growth. The cryptocurrency fails to reach important resistance barriers during its repeated pushes upward.
Investors and traders stay watchful for a clear sign that could lead to an opposite market movement. Crypto analyst Ali Martinez found in X data that Dogecoin could start a rebound soon. The TD Sequential indicator produced a buy signal on the 4-day chart which shows Dogecoin could reach its ending phase of the current trend and prepare for new price movements.
Dogecoin Trades Within Key Range
Buyer activity at its present trading point can push Dogecoin prices higher within the following days. The market took strong action against meme coins and exfpressed its pressure through the downward movement of DOGE. Investors are actively watching or major price moves to validate if DOGE will rise higher or keep sliding downward.
Technical analysts use TD Sequential to identify trends that will end and possible price reversals. Across trading history traders have seen significant market shifts coming right before this signal appears on larger chart displays. The market currently shows DOGE at $0.209 through minor fluctuations between $0.20 and $0.22 trading ranges.
Once Dogecoin goes above the $0.25 resistance line and turns it into an effective support area it shows clear signs of a bullish price change. Such performance would unlock the path for DOGE to pass through its established 200-day moving average and 21-day exponential moving average milestones.
If DOGE cannot hold above $0.20 then it could face lower demand levels close to $0.14. The upcoming days will reveal if Dogecoin succeeds with its new buying opportunity or if market sentiment stays negative.
