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Dogecoin Flashes Buy Signal – Only Major Indicators Suggest Recovery
Dogecoin is currently trading around important levels, consolidating just below the main resistance zone of $0.25. After a relatively quiet period, momentum is starting to rise as optimism returns to the altcoin market. With Bitcoin holding near its all-time highs and Ethereum rising higher, analysts are calling for the long-awaited start of an altcoin season—and Dogecoin is showing early signs of participation. The price action remains constructive, with DOGE holding higher lows and gradually tightening within a key range. Currently, traders are closely watching for a breakout above the $0.25 level, which could unlock the next bullish phase. Adding to the optimism, top analyst Ali Martinez shared a notable technical signal: the TD Sequential indicator has flashed a buy signal on the hourly chart of Dogecoin. Historically, this pattern has preceded short-term recoveries and local trend reversals, especially when confirmed near key support zones. When sentiment improves and capital begins to shift towards high beta altcoins, Dogecoin seems to be in a good position for a potential move. If the buyers can overcome the resistance level and confirm the TD signal with tracking volume, DOGE could quickly retest the higher levels last seen during the early-year rallies. The upcoming sessions could be a turning point. Dogecoin Strengthens As Buy Signals Suggest Upcoming Breakthrough Dogecoin is showing signs of new strength, consolidating in the important zone from 0.21 to 0.25 dollars. After a strong rise of over 90% since the beginning of April, DOGE has cooled off a bit, but remains solid in the bullish zone. The recent price action is marked by a series of higher lows and a tightening range structure, indicating that this asset is preparing for the next big move. The resistance level of $0.25 remains an important level to watch. A confirmed breakout above this zone could open the door for a stronger rally and decisively shift market sentiment in favor of the bulls. However, momentum has slowed in recent days, and global macroeconomic instability—particularly surrounding expectations of inflation and interest rates—continues to put pressure on risk assets broadly. Despite these challenges, optimism persists Martinez recently pointed to a buy signal TD Sequential that has appeared on the 1-hour chart for Dogecoin. This indicator, which is known for its ability to predict trend reversals and short-term impulses, tends to be particularly effective when it flashes during consolidation phases such as the current one. If confirmed, the signal could provide the spark needed to push DOGE back to the $0.25 resistance—and potentially beyond.
Currently, the bulls must continue to defend the support level of $0.21 while looking for momentum to build on the current range. If broader market conditions remain favorable and DOGE can reclaim $0.25 with volume, a new price surge could follow. Until then, the setup remains constructive, with strong technical support and initial signals indicating a potential breakout. DOGE Consolidates Below Resistance Level Dogecoin (DOGE) is currently trading at $0.222, consolidating after a strong rally in early May. The chart shows the price holding in a narrow range between $0.21 and $0.25, with $0.25 acting as a strong resistance level. Despite recent pullbacks, DOGE continues to trade above its key moving averages, indicating that the bullish structure remains intact in the short term.
The EMA 34 line ( in green ) at the level of $0.2112 is providing dynamic support, while the SMA 50 line ( in blue ) at the level of $0.1929 reinforces a solid base just below. The SMA 200 line ( in red ), currently at the level of $0.2714, is the next important resistance level if DOGE breaks above $0.25. The volume has decreased slightly during this consolidation process, a typical sign of a market pausing before a potential breakout or collapse. The lack of strong selling pressure indicates that the buyers are still in control, but new momentum is needed to challenge and reclaim the $0.25 level. A clear breakout and close above $0.25 could confirm the continuation of the bullish trend, potentially targeting the zone of $0.28–$0.30. However, failing to hold above $0.21 could open the door to a retest of deeper support near the 100 SMA. Currently, DOGE is still in a constructive holding pattern.