$DOGS Consolidation with Bearish Momentum

$DOGS short-term consolidation is evident, with neutral to slightly bearish sentiment. The hourly and daily timeframes reflect a stronger bearish trend, with lower lows and weaker recovery attempts. However, the oversold RSI readings in both shorter and longer timeframes suggest that a rebound may be imminent if buying pressure resumes

$DOGS to test the $0.0010000 support level, with a short-term target of $0.0010350 if bullish momentum builds. A stop-loss should be placed just below $0.0009900 to mitigate risk.

In the hourly timeframe, the key support is around $0.0009800, while the next resistance target is $0.0010500. A stop-loss at $0.0009700 is recommended to protect against further downside risk.

For daily traders, the price could test the lower Bollinger Band at $0.0009700, with an upper target of $0.0010500. Setting a stop-loss at $0.0009600 would help manage risk in case of further downward pressure.

A break below $0.0009700 could lead to further declines, with the next support around $0.0009500.

**Note: All timeframes and indicator readings are as per the time of this post. Exercise due diligence before taking positions.

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