Dogecoin Flashes First Reversal Signal In Weeks Despite Stalled Momentum And Fading Volume

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Despite stalled momentum and fading volume, Dogecoin (DOGE) has begun to flash its first technical reversal signal in weeks. Although the price action remains within a tight consolidation range, the underlying indicators suggest that selling pressure is finally exhausting, pointing toward a high-probability bounce that could kickstart a structural recovery . Doji Reaction Sparks Hope For A Reversal According to Umair Crypto, Dogecoin slipped below the $0.14 mark but managed to close the last candle with a notable reaction, forming a doji that reflects market indecision. This candle is now attempting to reclaim the RSI trendline, hinting at a possible shift in momentum. A sustained recovery above the key $0.17 level, which aligns with the swing’s golden pocket, would strengthen the case for a bullish reversal. Related Reading Dogecoin Bull Run Rests On This One Price Level, Analyst Warns 13 hours ago Despite this technical hint, volume remains a major concern. Trading activity is still weak, suggesting that buyers have not fully committed to any upside attempt. Without a clear increase in volume, any bounce may struggle to sustain follow-through, leaving the market vulnerable to renewed selling pressure. Indicators hint at a potential reversal for DOGE | Source: Chart from Umair Crypto on X Another factor adding weight to the uncertainty is the looming death cross setup. Historically, Dogecoin tends to show a brief upside move before the death cross fully plays out to the downside. If price action continues to soften while moving into this crossover signal, the bears may regain short-term control. A failure to secure the $0.17 level would significantly increase the probability of a new lower low forming. However, if the $0.17 threshold is reclaimed and held convincingly, it could open the door to higher highs in the sessions ahead. Bullish Peaks Fade: DOGE Slips Into A Controlled Downtrend In a more recent update from BitGuru, Dogecoin’s structure appears to be shifting once again. The chart highlights two notable bullish cycles where DOGE surged to $0.25 and $0.26 before momentum faded, giving way to a broader downtrend. These swings reflect how quickly enthusiasm can return to DOGE, even in a corrective market. Related Reading Dogecoin (DOGE) Falls Again as Trader Sentiment Turns Increasingly Bearish 3 days ago Dogecoin has now slipped back into a critical support zone near $0.14682, a level that has previously served as a base for price reactions. The market is exhibiting early signs of stabilization in this area, indicating that buyers are starting to assess the strength of this support. How DOGE behaves here could shape the overall direction of its next major move. If the support holds firm, the probability of a short-term rebound increases, potentially sending DOGE toward its next resistance area. However, if it fails, the downtrend may deepen, signaling that sellers remain firmly in control. DOGE trading at $0.14 on the 1D chart | Source: DOGEUSDT on Tradingview.com Featured image from Pngtree, chart from Tradingview.com