TECHNICAL ANALYSIS FOR EXPLOSIVE COINS $DOGS ,$NEIRO and $WIF
The market today is showing sharp downward movements across some hot coins.
💥🤯DOGS is currently trading at $0.0009211, experiencing a significant drop of -8.28%.
This sharp decline may indicate a strong selling pressure, and if it continues, DOGS could test lower support levels around $0.0009000.
However, if buyers step in, there is potential for a quick recovery. Traders should monitor closely for any reversal patterns, as DOGS could see a short-term bounce.
🤯🤯NEIRO has also taken a hit, falling -9.80% to $0.00081854.
This is a substantial drop, signaling bearish momentum. The key area to watch is around $0.0008000, which may serve as a psychological support level.
A failure to hold this support could lead to further downside.
On the flip side, any bullish signs from here could present an opportunity for a quick rebound trade.
👀🔥Lastly, WIF is trading at $1.705, with a dip of -8.19%.
This retracement could attract bargain hunters if it stabilizes near the $1.70 level.
A successful defense of this level may lead to a move back toward the $1.75 range.
