Dogecoin TD Signal Flags Short-Term Buying Opportunity
Analyst Ali Martinez highlights a new hourly TD Sequential buy signal on Dogecoin’s chart, the same indicator that predicted the recent local top. After nine consecutive green candles pushed DOGE past $0.22 and triggered a pullback, the memecoin has now printed nine red candles, suggesting a short-term bullish rebound. On-chain data from Santiment shows Dogecoin whales holding 10–100 million tokens have remained sidelined with stable supply, indicating no major accumulation or distribution. Dogecoin trades around $0.215, down over 3% in the past week. Traders should watch for follow-through on the TD Sequential buy setup for potential quick gains, while monitoring whale activity and broader market trends.
Bullish
Ali Martinez’s TD Sequential signal has a track record of identifying reversal points for Dogecoin. The recent nine-red-candle formation on the hourly chart, following a pullback from $0.22, mirrors past setups that preceded short-term bullish rallies. This technical pattern provides traders a timely entry point for a potential rebound. Meanwhile, unchanged whale holdings suggest low distribution risk from large holders. If the TD Sequential buy signal confirms with rising volume, DOGE could quickly recover toward prior resistance levels. Traders should monitor volume and on-chain whale flows to avoid false signals. Given these factors, the outlook is bullish in the short term, although broader market dynamics will ultimately dictate the sustainability of any uptrend.