Dogecoin May See Short-Term Rebound as TD Sequential Buy Signal and Rising Trendline Emerge

Key Points

1. TD Sequential buy signal on DOGE’s 4-hour chart suggests a possible trend exhaustion and upcoming price reversal.

2. DOGE has formed a rising trendline from $0.218, with $0.225 as a critical resistance level for breakout potential.

3. A breakout above $0.225 could trigger further upward momentum, with potential targets at $0.235 and $0.25.

4. Market caution ahead of the U.S. Federal Reserve’s policy update has led to lower volumes, but accumulation phases may support a rebound.

5. DOGE remains above its 50- and 100-day moving averages, supporting a neutral to bullish case.