$DOGS /USDT – Oversold Conditions Developing, Watching for a Bounce! 🐾📉
$DOGS is trading at $0.0001740, down -8.81% on the day and testing local support around $0.0001716. The downtrend has extended over several candles, showing signs of exhaustion with potential for a relief bounce.
Trade Setup:
Entry Zone: $0.0001720 – $0.0001750
TP1: $0.0001820
TP2: $0.0001900
TP3: $0.0001980
Stop-Loss: $0.0001670
Despite a rough -75.76% in 180 days, $DOGS is still up +21.34% over the last 30 days, suggesting meme-token momentum could reignite quickly. A bullish reversal pattern on the 4H could offer a short-term scalp opportunity.
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