🐾 $DOGS /USDT Bearish Setup – Weakness at Resistance
DOGS is showing signs of exhaustion near the resistance level of $0.0001306, failing to break out with conviction. Despite a 5.5% intraday gain, volume is starting to fade and the price is forming lower highs on shorter timeframes – signaling a potential short opportunity.
📊 Technical Insight:
Strong resistance at $0.0001306
Bearish divergence forming on RSI
Weak buying pressure on retest zones
📌 Trade Setup – SHORT
• Entry: $0.0001285
• Target 1: $0.0001240
• Target 2: $0.0001205
• Stop Loss: $0.0001315
💡 If DOGS fails to reclaim $0.0001306 with volume, expect a pullback toward lower demand zones.