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\n\t\t\t\t\t\t\t\t\tDogecoin whales have also gone on a substantial accumulation spree lately.\t\t\t\t\t\t\t\t<\/p>\n<\/p><\/div>\n
Dogecoin could be primed for a major reversal, at least according to the metric that recently predicted its price crash to a 14-month low.<\/p>\n
Meanwhile, analysts seem confident that DOGE\u2019s current price range is a \u201cgood accumulation zone,\u201d something that whales have taken advantage of lately.<\/p>\n
The leading meme coin rode the mid-May push wave quite impressively, going from $0.092 to a multi-week peak at almost $0.12 at the time. However, the subsequent market-wide correction and overall weakness led to massive price declines.<\/p>\n
One of the indicators that suggested a more notable DOGE drop was the Tom DeMark (TD) Sequential. It flashed a major sell signal for the OG meme coin in early May on the 3-day chart, and although it took some time, the asset indeed dumped hard, going from $0.113 to under $0.08, which became its lowest price tag in over a year.<\/p>\n
Now, this same indicator, which is used to determine the underlying asset\u2019s market exhaustion in either direction, has flipped bullish, according to Ali Martinez. The analyst predicted<\/a> that after the 30% correction, a \u201crebound could be around the corner\u201d for DOGE.<\/p>\n Meanwhile, fellow analyst MikybullCrypto outlined<\/a> a similar perspective, indicating that the meme coin currently sits on a \u201cgood level for accumulation.\u201d As reported<\/a> yesterday, Dogecoin whales have started purchasing at these lower levels, accumulating over 200 million tokens in a week.<\/p>\n Another popular crypto commentator, Daan Crypto Trades, also weighed in on DOGE\u2019s recent price moves, suggesting that the token typically retraces to the $0.06-$0.08 range in bear markets. History shows, though, that it tends to get \u201csome kind of reaction\u201d once it gets there.<\/p>\n This same level was tested in February, and it held, but he added that \u201cit\u2019s still good to watch.\u201d Daan noted that DOGE has fallen out of investors\u2019 radar lately, but that doesn\u2019t mean that it cannot repeat some of its previous historic rallies, many of which began from the current levels.<\/p>\n $DOGE<\/a> Not one that many people are trading or looking at, but I do always like to watch high timeframe sweeps\/supports on majors like these.<\/p>\n DOGE does tend to move back to this $0.06-$0.08 zone during its bear markets and usually gets some kind of reaction.<\/p>\n Obviously this level\u2026 pic.twitter.com\/NE9TCJPTm2<\/a><\/p>\n \u2014 Daan Crypto Trades (@DaanCrypto) June 10, 2026<\/a><\/p>\n<\/blockquote>\n LIMITED OFFER for CryptoPotato readers at Bybit: Use this link<\/a> to register and open a $500 FREE position on any coin!<\/b><\/p>\n<\/div>\n<\/div>\n <\/p><\/div>\nSome Reaction?<\/h2>\n
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