Dogecoin Bollinger Bands Squeeze Signals Rally to $0.30
Dogecoin Bollinger Bands squeeze indicates a volatility expansion ahead, with Bollinger Band Width (BBW) at multi-week lows similar to July’s pre-rally setup. TD Sequential has flashed a buy signal, and price holds a higher-low pattern near $0.21. On-chain metrics show a steady TVL of $20.23M and market cap around $32.6B. A confirmed daily close above $0.21, accompanied by rising volume and expanding BBW, could trigger a move toward the $0.30 technical target. Traders should watch BBW, TD Sequential counts, daily closes above $0.21, and on-chain activity to validate the breakout. Risk management with stops below recent lows is advised.
Bullish
The Bollinger Bands squeeze on Dogecoin accompanied by a TD Sequential buy signal suggests building bullish momentum similar to the July rally. Historical precedents show that volatility expansions following BBW lows can lead to sharp price increases—in Dogecoin’s case, from $0.18 to $0.30. On-chain metrics back steady ecosystem activity, reinforcing a sustainable move. A close above $0.21 with rising volume would confirm the breakout, potentially driving the price toward $0.30. Short-term traders may capitalize on the anticipated volatility surge, while long-term holders could view this setup as a reaffirmation of Dogecoin’s market resilience. Overall, the technical alignment points to a bullish outlook.