$DOGS /USDT +2.85% – Struggles Below MAs, Bounce or Breakdown Ahead?
DOGS is trading at $0.0001407, up 2.85%, recovering slightly from the $0.0001302 low. However, it's currently trading below all major moving averages — MA(7) at $0.0001448, MA(25) at $0.0001476, and MA(99) at $0.0001547 — indicating continued bearish pressure in the short-to-mid term. Despite this, strong activity is present, with 25.04B DOGS and $3.54M USDT in 24h volume.
Bullish scenario: A break above $0.0001455–0.0001476 could trigger a move toward $0.0001602, then $0.0001716–0.0001750.
Bearish risk: If rejection continues, DOGS could revisit support at $0.000130, with further downside toward $0.000116–0.000101.
Momentum indicators like MACD and RSI likely remain neutral-to-weak — bulls must reclaim MA(7) quickly to prevent further downside drift.