Has $DOGS Finally Found Its Bottom? đŸ
$DOGS has taken a hit, falling 42% from its recent peak of $0.00166 and down 31% from its launch price of $0.0014. But here's the twistâlooks like it may have found some solid ground around $0.00096. We first saw it hit that level on Sept 4th, and now weâve got a slightly higher low at $0.00099 on Sept 7th. So, is this the moment weâve been waiting for?
Let's break down a couple of scenarios to watch for:
Another Dip?
Yes, thereâs been a higher low, but the bearish vibes in the market canât be ignored. If we see it slip below that $0.00096 support with heavy volume, it might be time to consider shorting. Set a stop-loss just above the top of the red bearish candle to minimize risk.
Ready to Fly?
On the flip side, if the overall market tone flips bullish and the Telegram CEO case goes in a favorable direction, $DOGS could be ready for liftoff. A breakout past $0.00114 with strong volume could be our green light to go long. Targets? Short-term at $0.00133, or maybe hold for the bigger picture.
Thatâs the scoop for todayâs $DOGS analysis. Hope this helps you navigate your next trade move.
Trade smart, stay sharp!
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