DOGS/USDT - Capitulation Zone. Is the Breakout Coming?

DOGSUSDT 1D

DOGS/TETHERUS Binance

The price has been moving sideways for several months, forming a classic low-volatility summer channel.

◆ Primary trend: still bearish - price remains inside a descending channel

◆ Volume: mostly low, but occasional spikes near support may signal hidden accumulation

◆ Formation: a triangle is forming near the top of the channel - false breakouts or wicks are likely

◆ Sentiment: this is a classic capitulation zone where most traders give up, exit positions, and lose conviction

When everyone thinks it's dead - that's often where major bottoms are built. This is the time to stick to your risk strategy and position sizing, not emotions.

DOGS-key reasons to watch:

Twitter community: 3.4M followers huge potential for renewed interest

If memecoins return to trend could be fast and aggressive moves

Watch closely for a breakout from the triangle - it could define direction for weeks ahead

$DOGS DYOR