Crypto World

DOGE TD Sequential 9 Signals Seller Exhaustion Near $0.090

Published

on

TLDR:

  • DOGE hits TD Sequential 9, signaling sellers may be exhausted after weeks of downside. 
  • Price finds support near $0.090, creating a potential zone for short-term relief rallies. 
  • RSI and MACD show fading bearish momentum, hinting at early strength returning. 
  • The monthly accumulation range of $0.077–$0.055 could set up DOGE for long-term upside toward $1.

 

DOGE TD Sequential indicates potential trend exhaustion after a persistent downtrend. The completed nine-count setup aligns with key support near $0.090, pointing toward a likely relief bounce or sideways consolidation before the next directional move.

TD Sequential Signals Short-Term Relief

DOGE’s daily chart shows a completed TD Sequential buy setup after nine consecutive bearish closes. This occurs at the end of a clear downtrend marked by lower highs and lower closes. 

TD Sequential focuses on trend fatigue rather than strength, making this setup notable. Moreover, price action around the TD 9 marker confirms selling exhaustion. 

The sharp, impulsive sell-off led into the signal, followed by a small-bodied candle with long lower wicks. This indicates that bears pushed hard but failed to hold control. 

Advertisement

Consequently, buyers entered quietly near the $0.095–$0.090 zone, coinciding with prior support levels. Additionally, momentum indicators support the TD read. 

RSI rose from oversold territory into the mid-40s, showing gradual strength. Meanwhile, MACD histogram compression suggests fading bearish momentum. 

Therefore, the setup favors a short-term relief bounce. Furthermore, tweets from market observers emphasize that the 4-hour TD Sequential setup confirms seller exhaustion. 

Price stabilized above $0.090 instead of breaking lower, carving higher intraday lows. As a result, fresh short positions face limited potential.

Advertisement

Finally, completed TD 9s often precede either a multi-candle relief rally or sideways consolidation. If DOGE holds above $0.088–$0.090, it may reach $0.105–$0.112 during the next mean reversion phase. 

Consequently, statistical timing indicates that downside momentum is running out rather than signaling hype-driven strength.

Macro Accumulation Zone Suggests Long-Term Upside

On the monthly chart, DOGE trades within a macro accumulation range of $0.077–$0.055. This zone follows a deep correction from its all-time high and marks a re-accumulation phase. 

Down ~89% from ATH, DOGE remains in extended high-timeframe demand. Furthermore, phased accumulation is recommended over lump-sum entries. 

Pullbacks into $0.077–$0.070, combined with shifts in low-timeframe structure, provide higher-probability setups. Conversely, a monthly close below $0.055 would invalidate the long-term thesis.

Additionally, liquidity targets indicate potential upside. Price could test $0.156, $0.306, $0.48, and eventually $1 if monthly support holds. 

Advertisement

Therefore, the macro accumulation zone combined with the TD Sequential buy setup signals that the market may quietly reset for the next upward move.

Ultimately, DOGE’s short-term relief bounce aligns with longer-term accumulation dynamics. Price stabilization, improving momentum, and statistical exhaustion suggest that the current levels offer a risk-reward opportunity for both swing and long-term positions.

Advertisement

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

Trending

Exit mobile version