$DOGS

The momentum of the Dogecoin/USD Tether ($DOGS/USDT) pair is gaining strength to push above $0.0001696 - promising new highs!

The Dogecoin/USD Tether ($DOGS/USDT) pair has shown a strong upward trend on the 30-minute chart, surpassing its recent lows since bouncing from $0.0001497. After reaching a peak of $0.0001686, the price experienced a strong pullback, and it is now recovering quickly with a strong green candle closing above $0.0001660, indicating the possibility of an upward continuation. The increasing trading volume and clear recovery candles suggest strong buying interest at every dip.

Traders can look for a buy position above $0.0001654, aiming for breakout targets at $0.0001696, $0.0001730, and $0.0001785. A safe stop loss can be placed below $0.0001612, just below the last higher low. This setup remains valid as long as the bullish candles stay above the medium-term support level. However, if the price fails to maintain $0.0001612, we may see a retest towards $0.0001570.

Outlook: The upward momentum is increasing with higher lows and breakout potential. The stock $DOGS is preparing to test its previous highs, and closing above $0.0001696 will confirm further upside.

Action: Enter before the momentum accelerates - the momentum is pounding strongly!