Dogecoin

bullish

Major

Spot

<p style="text-align: justify"><a href="https://en.coin-turk.com/dogecoin-gains-attention-with-market-resilience/" rel="noopener noreferrer nofollow">Dogecoin</a> recently displayed early signals of a technical reversal, with the cryptocurrency trading close to the $0.07 mark. A widely-tracked technical indicator has issued a buy signal on Dogecoin’s monthly chart, drawing the attention of traders monitoring a key support zone that could influence the token’s next major movement.</p><h2 id="technical-signals-highlight-potential-rebound">Technical signals highlight potential rebound</h2><p style="text-align: justify">The TD Sequential, a popular timing and momentum indicator among technical analysts, has triggered a buy signal for Dogecoin on its monthly timeframe. This signal emerged as Dogecoin approached an important support area around $0.056. Analyst Ali Charts reported that if Dogecoin sustains this level, a rebound could be on the horizon.</p><blockquote><p>The TD Sequential has issued a buy signal on the monthly chart as Dogecoin trades near $0.056 support. A hold above this level may pave the way for a move toward $0.16, with broader resistance coming in near $0.45.</p></blockquote><p style="text-align: justify">Based on this analysis, if the support at $0.056 holds, Dogecoin could initially target a recovery toward $0.16. This level is identified based on previous price actions and serves as a primary target for a possible rebound. If buying momentum grows, the token could then challenge the broader channel resistance at approximately $0.45.</p><table style="border:1px solid #f1e4d8;padding:8px"><thead><tr><th>Level</th><th>Price Target</th><th>Significance</th></tr></thead><tbody><tr><td>Support</td><td>$0.056</td><td>Key level to hold for bullish reversal</td></tr><tr><td>Initial target</td><td>$0.16</td><td>First resistance level if rebound begins</td></tr><tr><td>Channel resistance</td><td>$0.45</td><td>Major upside target if rally accelerates</td></tr></tbody></table><p style="text-align: justify">Traders are focusing on the $0.056 area as a potential bottom and actively watching for confirmation that the recent buy signal will lead to a sustained upward move.</p><h2 id="triangle-formation-offers-additional-bullish-argument">Triangle formation offers additional bullish argument</h2><p style="text-align: justify">Another technical perspective from analyst XForceGlobal draws attention to a possible triangle pattern forming on Dogecoin’s chart. The trader emphasized the importance of price holding above a clearly defined invalidation level for the pattern to remain relevant.</p><blockquote><p>If Dogecoin remains above the invalidation level, accumulation patterns and broader market cycles could support significant gains, with estimates suggesting a potential 10 to 20-fold increase based on current cycle dynamics.</p></blockquote><p style="text-align: justify">The analysis suggests that sustained support at this level could result in a powerful breakout. These predictions rest on ongoing accumulation activity and cyclical market behavior. Breaching the invalidation threshold, however, would negate the triangle structure and shift market sentiment.</p><p style="text-align: justify">In the coming weeks, market participants are expected to closely monitor Dogecoin’s performance near this pattern as it may dictate the strength of any upcoming rally.</p><p style="text-align: justify;background: linear-gradient(135deg,#ffffff 0%,#fffdf9 100%);border:1px solid #f1e4d8;border-left:4px solid #F69434;padding:14px 16px;border-radius:12px;color:#1e293b;font-size:15px;line-height:1.7">Mini dictionary: TD Sequential is a technical analysis indicator developed by Tom Demark, designed to identify potential market turning points by counting price bar sequences.</p><h2 id="dogecoin-etfs-record-renewed-inflows">Dogecoin ETFs record renewed inflows</h2><p style="text-align: justify">Spot Dogecoin ETFs received their first net inflows in over a month this week, with new capital totaling $345,130 on July 21. Prior to this, the funds had experienced a prolonged period without fresh investments, including a day of outflows on July 2. The resumption of inflows signals a shift after weeks of flat or negative trading activity for these investment vehicles.</p><p style="text-align: justify">This inflow arrives as meme coins receive renewed market attention, sparking curiosity about whether the change marks the beginning of a sustained trend. Investors are expected to keep tracking upcoming ETF flow data for further signals of momentum.</p><p style="text-align: justify">Dogecoin, launched in 2013 as a lighthearted alternative to other cryptocurrencies, has grown into one of the most recognized cryptocurrencies worldwide, supported by a dedicated online community and frequent mentions in pop culture.</p><p>The post <a href="https://en.coin-turk.com/dogecoin-etfs-record-first-inflows-since-june-as-buy-signals-appear-on-major-charts/" rel="noopener noreferrer nofollow">Dogecoin ETFs record first inflows since June as buy signals appear on major charts</a> appeared first on <a href="https://en.coin-turk.com" rel="noopener noreferrer nofollow">COINTURK NEWS</a>.</p>

Dogecoin ETFs record first inflows since June as buy signals appear on major charts

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