Dogecoin Flashes TD Sequential Buy Signal at $0.095: Is the DOGE Bottom Finally In?

Dogecoin (DOGE) Prints TD Sequential Buy Signal at $0.095 Support: Exhaustion or Temporary Pause?

Dogecoin (DOGE) has reached the lower boundary of its long-standing descending regression channel near $0.095, where a TD Sequential buy signal has appeared on the daily chart. The token trades around $0.096 as of February 7, 2026, posting a 6.3% gain over the past 24 hours after defending this structural support zone.

The signal emerges not from panic capitulation but from weeks of controlled, low-intensity selling—characterized by progressively shorter candle bodies and diminishing follow-through momentum. While this pattern hints at potential seller exhaustion, it does not yet challenge the broader downtrend that has dominated since the September 2025 peak.

Descending Channel Continues to Define Price Action

DOGE remains firmly within a multi-month descending regression channel:

• Primary downside support sits near $0.080, where previous sell-offs have repeatedly stalled.
• Key overhead resistance lies at $0.117, a level that has rejected multiple recovery attempts since November 2025.
• A decisive reclaim of $0.117 would be required to signal any meaningful shift in structure.
• Beyond that, $0.153 aligns with prior distribution zones and the channel’s upper boundary as the next logical upside target.

Until price escapes the channel to the upside, rebounds are best viewed as tactical pauses or relief moves rather than trend reversals.

TD Sequential Buy Signal Flags Potential Exhaustion

The TD Sequential indicator—developed by Tom DeMark—prints a buy setup after nine consecutive candles with lower closes or weakening momentum, often marking short-term exhaustion points. In DOGE’s case, the signal aligns with:

• Reduced downside conviction from sellers
• Shorter-range candles near support
• A lack of aggressive follow-through on recent breakdowns

Historically, TD buy signals during downtrends frequently precede short-term bounces or consolidation phases rather than immediate trend changes. Confirmation of strength would require sustained closes above key resistance and volume expansion.

On-Chain and Derivatives Metrics Show Mixed but Supportive Signals

Several indicators provide context for the current setup:

• Spot Taker CVD (Cumulative Volume Delta) remains buyer-dominant, meaning aggressive market buys continue to outweigh sells. This absorption of supply near lows contrasts with classic panic sell-offs (where CVD turns sharply negative) and supports the notion of quiet accumulation rather than speculative chasing.
• Exchange netflows show persistent outflows, with approximately $7.7 million in DOGE leaving centralized platforms in recent sessions. Reduced sell-side availability during weakness suggests holders are reluctant to distribute at depressed levels.
• Open Interest (OI) in derivatives has climbed over 5% to around $1.04 billion, reflecting traders rebuilding leverage near support. Rising OI in a compressed range increases liquidation sensitivity—sharp moves in either direction become more likely if price breaks channel boundaries.

Current Technical and Sentiment Picture

DOGE’s daily chart shows:

• Oversold momentum readings (RSI near multi-week lows)
• Repeated tests of channel support without decisive breakdown
• Buyer absorption preventing accelerated downside

These elements collectively suggest fading selling pressure rather than aggressive accumulation or trend reversal. The setup favors short-term stabilization or a relief bounce, but conviction remains low while price stays below $0.117.

Outlook: Volatility Likely, Direction Uncertain

The TD Sequential buy signal, combined with buyer-dominant CVD, net exchange outflows, and rising derivatives OI, points to a potential pause or tactical rebound within the dominant downtrend. Conditions no longer strongly favor sustained forced selling from current levels, but the broader channel structure caps meaningful upside until resistance is reclaimed.

Traders should watch closely for:

• A decisive close above $0.117 → strengthens the bullish case and opens the path toward $0.153.
• Failure to hold $0.080–$0.095 support → risks retesting lower channel extensions.
• Volume and funding rate behavior → rising OI without breakout increases whipsaw risk.

Until clear structural confirmation emerges, the current setup invites caution rather than blind optimism. DOGE remains in a high-volatility regime where short-term bounces are possible, but the path of least resistance stays downward unless buyers demonstrate sustained control above key levels.

Srebrin Petrov publication: "Dogecoin Flashes TD Sequential Buy Signal at $0.095: Is the DOGE Bottom Finally In?" was written for 24crypto.news

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