$DOGS /USDT – BEARISH MOVE LIKELY AS PRICE BREAKS KEY SUPPORT ZONE!
The meme token $DOGS /USDT is showing signs of weakness after a failed attempt to hold above the 0.0001340–0.0001370 resistance zone. Current price is 0.0001301, and momentum continues to tilt bearish as lower bids are getting filled with thin buy pressure.
Key Levels to Watch:
Resistance: 0.0001370 / 0.0001340
Support: 0.0001280 (minor), 0.0001250 (major)
Trade Setup – Short Opportunity:
Entry: 0.0001300–0.0001310
Take Profit Targets:
TP1: 0.0001280
TP2: 0.0001250
Stop Loss: 0.0001340
Market Outlook: With sellers stepping in near 0.0001340 and consistent lower highs forming, $DOGS/USDT looks poised for further downside unless bulls reclaim 0.0001370. The weakening volume on upticks confirms lack of strong buyer interest, increasing the probability of another leg down.
Risk Management Tip:
Use no more than 2% of your portfolio per trade and adjust your position size based on SL distance to manage risk effectively.