$DOGS
/USDT Technical Analysis and Trade Strategy๐ฅ๐๐ฏ
Current Price: $0.0007104
24h Change: +2.00%
24h High/Low: $0.0007299 / $0.0006759
Technical Indicators:
1. Support Levels:
S1: $0.0006860 (recent pullback)
S2: $0.0006759 (24h low)
2. Resistance Levels:
R1: $0.0007299 (24h high)
R2: $0.0007500 (psychological resistance)
R3: $0.0007800
3. Volume Insight:
24h Vol (DOGS): 22.21B
24h Vol (USDT): $15.63M โ moderate volume suggesting consistent trading activity.
4. Trend Overview:
Short-Term: Slightly bullish trend, price moving above recent support.
Depth Analysis: Resistance near $0.0007299, with potential pullbacks.
๐ฏ Trade Strategy
Trade Setup:
Entry Zone: $0.0006900โ$0.0007050 (buy on dips)
Stop Loss: $0.0006750 (below key support)
Risk/Reward Ratio: 1:3
Target Keys ๐ฏ:
1. ๐ฏ Target 1: $0.0007299 (24h high)
2. ๐ฏ Target 2: $0.0007500 (next resistance)
3. ๐ฏ Target 3: $0.0007800 (extended breakout target)
Trade Execution Plan:
1. Buy Entry: Between $0.0006900โ$0.0007050.
2. Take Profit:
30% at $0.0007299
40% at $0.0007500
30% at $0.0007800
3. Stop Loss: Exit if the price drops below $0.0006750.
Risk Management Tip:
Monitor for volume spikes confirming upward momentum.
Adjust stop loss to breakeven after hitting ๐ฏ Target 1 to protect gains.
Be cautious, as meme tokens are volatile and prone to sudden price swings.
