💥 DOGS/USDT Analysis – Eyeing the Next Move 💥
DOGS/USDT is trading at $0.0004883, up +6.52% in the past 24 hours. After a strong rally, the price is consolidating just below its 24-hour high of $0.0004998, signaling a potential breakout or correction. The price remains above the 99-period MA ($0.0004717), keeping the overall trend bullish.
🔑 Key Levels to Watch:
Resistance: $0.0004998 – A breakout here could push DOGS into a fresh rally.
Support: $0.0004847 and $0.0004639 – These levels are crucial for maintaining bullish momentum.
📈 Trading Strategy:
For Bulls: Enter on pullbacks near $0.0004847, or wait for a confirmed breakout above $0.0004998 with strong volume for a safer entry.
For Bears: Watch for rejection near $0.0004998, or a breakdown below $0.0004847 to target lower levels like $0.0004639.
🔥 With momentum still alive, DOGS is setting up for its next big move. Whether you're a bull or a bear, keeping an eye on these levels could lead to exciting trading opportunities. Stay sharp and trade smart!
