Here's a breakdown of the market analysis for $DOGS:
Market Update
1. *Strong Bull Run*: $DOGS is showing significant momentum in the meme sector.
2. *Trading Volume*: 46.8B DOGS indicates strong trading activity.
Entry and Targets
1. *Entry Zone*: 0.0001590 - 0.0001640
2. *Targets*:
- Target 1: 0.0001720 (recent local top)
- Target 2: 0.0001830 (extension zone)
- Target 3: 0.0001950 (key breakout resistance)
Risk Management
1. *Stop Loss*: 0.0001510 (below consolidation base and intraday lows)
Key Levels
1. *Support*: 0.0001540 / 0.0001480
2. *Resistance*: 0.0001720 / 0.0001830
3. *Pivot*: 0.0001625
Trading Tip
Watch for a volume spike above 0.0001720 for a potential second entry opportunity.
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