Dogecoin (DOGE) is showing early signs of a potential bullish reversal after a rare monthly buy signal appeared while the token continued to hold an important long-term support area. At the same time, reported whale accumulation has drawn attention from traders watching for stronger momentum and a broader price recovery.

At the time of writing, DOGE was trading at $0.07330, with 24-hour trading volume of $619.51 million and a market capitalization of $11.37 billion, according to CoinMarketCap. The token had gained 6.08% over the previous 24 hours. The source article said DOGE’s price structure and network expansion pointed to the possibility of a bullish reversal.

Source: CoinMarketCap

DOGE Flashes Monthly TD Sequential Buy Signal

Crypto analyst Ali Charts said Dogecoin had flashed a monthly TD Sequential buy signal as the meme coin tested a major support level near $0.056. The indicator was cited as a sign that bearish momentum may be fading after an extended decline.

The TD Sequential is a technical analysis tool used by traders to identify potential trend exhaustion after a sequence of price candles. Because this signal appeared on the monthly chart, traders are treating it as a longer-timeframe setup rather than a short-term trading trigger.

Analysts view the $0.056 area as a critical support zone. If DOGE remains above that level, buyers could attempt to regain control and improve the token’s technical setup.

DOGECOIN: BUY SIGNAL The TD Sequential has flashed a buy signal on the monthly chart just as $DOGE approaches a major support level around $0.056. If that support holds, I'm watching for a rebound toward $0.16, with the top of the channel near $0.45 as the broader upside… pic.twitter.com/pOqAAe2VWY — Ali Charts (@alicharts) July 25, 2026

With DOGE trading above the $0.056 support level, the source article said the token could rebound toward $0.16, described as the first resistance level. A further breakout could move the price closer to the upper boundary of a long-term descending channel, near $0.45. However, a failure to maintain the current support level would weaken the price action.

Dogecoin Whales Add 1 Billion DOGE

Data cited from dogegod indicated that Dogecoin’s largest wallets accumulated another 1 billion DOGE in one day, worth approximately $70 million. The source article described the purchase as a sign of renewed interest from large holders despite volatile market conditions.

Whale transactions are closely monitored because they can reflect longer-term positioning rather than short-term trading activity. For a widely traded meme coin such as Dogecoin, large-wallet behavior is one of several market signals traders track alongside support levels, volume, and broader crypto sentiment. The most recent increase in holdings led to speculation that large investors may be positioning for positive price movement.

Source: dogegod’s X Post

A single whale purchase does not necessarily produce an immediate price increase. However, gradual accumulation can reduce available supply and may support a bullish structure if accompanied by stronger trading volume. Traders are therefore watching for increased volume and further improvement in Dogecoin’s price action.

The source article said DOGE was moving in an upward trend following the bullish price outlook and the reported whale accumulation. It also noted that the move aligned with a broader positive shift in the cryptocurrency market as Bitcoin began moving higher.

Key Levels to Watch

Dogecoin’s next price action depends on whether buyers can defend the $0.056 level and build momentum from that support area. A recovery could push DOGE toward the $0.16 resistance level, while a breakout beyond that area could put the $0.45 level in focus.

If DOGE loses the key support level, the bullish outlook could weaken and renewed selling pressure could emerge. The source article noted that its analysis and price projections are not guarantees and that cryptocurrency markets remain volatile.