Short-Term Target Price for DOGS/USDT (1-Hour Timeframe) Based on current technical analysis:
Bullish Scenario:
If DOGS/USDT breaks above the immediate resistance at 0.0001205 with strong volume, the short-term target price is 0.0001355 (upper channel boundary). A further push could aim for 0.00016643 (recent high) if momentum sustains.
Bearish Scenario:
If the price fails to hold support at 0.0001165, the target price could be 0.000108 or lower, potentially reaching 0.000105
Key Factors:
Watch for a breakout above 0.0001205 or a breakdown below 0.0001165.Monitor RSI for bullish divergence and volume for confirmation.
Recommendation:
Set a stop-loss below 0.000114 for long positions. Verify real-time data on exchanges like Binance