📉 DOGS/USDT – Bearish Continuation Risk!
🔹 Current Price: $0.0001763 (+9.78%)
🔹 Key Levels: $0.0001760 (Support) – $0.0001830 (Resistance, 24h High)
🔹 Indicators:
RSI (55.55) → Recovered from oversold but still neutral.
SMA (40.00) → Improving momentum but remains weak.
Order Book → Buy-Side Pressure Dropping (69.43% → 66.67%), sellers increasing.
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🚨 Why Bearish?
❌ Long-Term Downtrend – -36% (30D), -77% (90D), -85% (180D) → Strong bearish pressure.
❌ Weak Recovery – Price barely increased despite RSI improvement; selling pressure rising.
❌ Resistance at $0.0001830 – Struggle to break higher; risk of reversal.
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📊 Trade Plan
🔻 Short Entry: If price fails to hold $0.0001760 and RSI declines.
🎯 Target: $0.0001700 (next key support).
🛑 Stop-Loss: Above $0.0001830 (invalidates short setup).
⚡ Watch for rejection near $0.0001830! If buying pressure continues to drop, downside risk increases.
