#TradingTypes101
Resistance Test At $0.2312
**DOGE Eyes Rebound on TD Sequential Buy Signal**
On the hourly chart, Dogecoin (DOGE) has flashed a “9” buy signal via the TD Sequential indicator, suggesting a potential short-term trend reversal. This could mark the beginning of a bullish shift, especially if DOGE breaks above key resistance with strong volume to confirm momentum.
Currently trading at **\$0.2236**, DOGE has dipped about **3.0%** over the past 24 hours. Despite the decline, technical indicators point to a possible rebound as market sentiment begins to shift.
Support has formed near **\$0.2219**, while resistance stands at **\$0.2312**, creating a tight trading range that short-term traders should watch closely. A recent bounce off support indicates that price action is still respecting key levels, even amid broader market uncertainty.
While signs of bullish momentum are emerging, caution remains warranted. The market appears indecisive, and any breakout needs confirmation through volume and sustained movement.
**DOGE Faces Key Test at \$0.2312 Amid Cautious Optimism**
A notable technical development is the appearance of a TD Sequential “9” buy signal — often an indication that a downtrend may be nearing exhaustion and a reversal could be on the horizon. This suggests a potential slowdown in bearish momentum, giving DOGE a chance to recover if buying interest holds.
Despite this bullish signal, trading volume remains relatively low, and no decisive breakout has occurred. Analysts caution that for bullish momentum to build, DOGE must break above the **\$0.2312** resistance level with convincing volume. Without that, any upward movement may stay confined within the current range.
Dogecoin’s short-term direction will likely hinge on broader market conditions and how traders react to key support at **\$0.2219** and resistance at **\$0.2312**. While the TD Sequential pattern signals a potential upside, market volatility demands a cautious approach. A breakout above resistance could confirm a stronger trend, but a drop