Explosive! Dogecoin TD indicator flashes a buy signal, trading volume surged by 420% in a week, analysts say 'rebound is imminent'

On March 20, well-known analyst Ali Martinez dropped a heavy signal on the X platform— the TD Sequential indicator flashed a buy signal on the Dogecoin chart, indicating that the downward momentum may have exhausted, 'possibly preparing for a rebound'.

Even more explosive, Santiment data shows that Dogecoin trading volume skyrocketed by 420% in the past week, soaring from less than $100 million to over $510 million. While the price was still hovering around $0.09, funds quietly entered the market.

Meanwhile, the correlation coefficient between Dogecoin and Bitcoin reached as high as 0.94. Once the market stabilizes, Dogecoin will directly benefit. DOGE is currently in a parallel channel between $0.088 and $0.1038, with the price repeatedly testing the $0.0882 support level, each time showing a strong reversal. When the TD buy signal flashes, trading volume surges by 420%, and the parallel channel support is confirmed, will you panic staring at the candlestick chart or follow the technical signals to position yourself?

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