DOGE Prints Textbook Buy Signal As Momentum Shifts

After weeks of heavy selling pressure and a slow, grinding decline, Dogecoin (DOGE) may finally be catching a break in the form of a fresh technical signal that traders often watch closely during major turning points.

The TD Sequential indicator, a tool known for flagging exhaustion in ongoing trends, has now flashed a buy signal on the weekly chart for DOGE, according to the analysis shared by popular cryptocurrency trading specialist Ali Martinez in an X post on December 4.

The setup arrives at a moment when sentiment around the meme-coin market has been gloomy, and liquidity has thinned across majors. Dogecoin’s weekly candles show a steady march downward, but the indicator’s ‘9’ count, which is traditionally associated with trend exhaustion, suggests sellers may finally be running out of steam.

For traders who follow TD Sequential, this is often the earliest hint of a reversal.

Signal Arrives When Confidence Is Lowest

Notably, DOGE printed its worst cluster of weekly candles in months, pushing sentiment close to capitulation levels. Yet the TD Sequential’s appearance hints that this weakness may have been the final shakeout before a potential bounce.

Technicians often argue that Dogecoin responds strongly to exhaustion signals during extended downturns, with prior ‘9’ prints marking turning points that later evolved into multi-week recoveries.

At the moment, it’s changing hands at the price of $0.15, which indicates a very modest increase of 0.08% in the last 24 hours, amid losing 2.72% across the previous seven days, and accumulating a dip of 8.9% on its monthly chart, per the latest data.

The chart still shows DOGE deep within its broader downtrend, but the buy signal has injected rare optimism into a market that has spent the past few weeks absorbing bad news and risk aversion.

Whether Dogecoin can capitalize on this moment depends heavily on follow-through in the coming days, especially as liquidity conditions across the crypto market remain fragile. But for now, one of the most-watched reversal indicators has broken the silence.

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