DOGE Price Rebounds as TD Sequential Buy Signal Emerges After 31% Drop

DOGE fell 31%, now stabilizing near key support with mild recovery. TD Sequential buy signal appears, but confirmation of reversal remains uncertain. Whales accumulate DOGE while resistance levels determine next breakout direction. Dogecoin — DOGE, is showing early signs of recovery after a sharp and painful 31% decline since May. The memecoin dropped from $0.113 to a recent low near $0.078 before stabilizing. Buyers are slowly stepping back in as price action tightens around key support levels. A fresh TD Sequential buy signal has also appeared, adding fuel to short-term optimism. Still, traders remain cautious as confirmation of a real reversal has not arrived yet. Market mood stays balanced. https://twitter.com/i/status/2064936161546801615 Technical Signals Point to a Potential Shift DOGE currently trades between $0.083 and $0.085 after bouncing from recent lows. The price zone around $0.080 to $0.083 now acts as important support. A 24-hour peak near $0.0853 shows mild recovery attempts, though momentum remains fragile. Trading volume sits around $654 million, reflecting steady but not aggressive participation. The TD Sequential indicator recently flashed a buy signal after correctly calling the earlier sell-off. This shift has caught trader attention, but confirmation still matters. Price must hold support and break nearby resistance before confidence improves. RSI near 32.61 places DOGE close to oversold territory, suggesting selling pressure may be fading. However, momentum indicators still show hesitation. Buyers have not fully taken control of direction. The market structure remains neutral until stronger breakout levels appear. Traders continue watching price behavior closely near short-term ranges. Any breakdown below support could delay recovery expectations. Whale Activity Builds While Key Resistance Levels Define Trend Large holders have started accumulating DOGE again. Data shows more than 200 million DOGE purchased over the past week. This type of accumulation often signals growing confidence among high-volume participants. Analysts describe current price levels as attractive for longer-term positioning, especially after the recent correction. Derivatives activity also shows rising engagement. Futures volume increased by nearly 9 percent to $1.47 billion. Open interest climbed above $1.03 billion, suggesting new positions entering the market. Spot flows remain relatively quiet, though, indicating cautious participation from retail traders. Attention now shifts to key resistance zones. The first major barrier sits near $0.096. A daily close above that level could signal a weakening bearish trend. If buyers manage to reclaim that range, momentum may extend toward $0.100 and $0.110. Stronger upside continuation opens targets near $0.12 and potentially $0.15. Analyst commentary suggests DOGE is building structure, though confirmation remains essential before trend reversal expectations grow stronger. Dogecoin currently trades near $0.084, holding a market cap above $14 billion. Price action remains sensitive, but early signals show improving conditions. Traders now watch whether accumulation and technical support can combine into a stronger breakout attempt.