DOGS BREAK MAJOR SUPPORT – WHAT'S NEXT?

DOGS has broken significant support at $0.009730, falling below it to around $0.009470 — This breakout clearly signals that bears are in control of the market at the moment — However, there is more to the story when we zoom out and look at the larger timeframe

✔️ Larger Timeframe — Potential Reversal Zone Ahead

If we switch to the 4-hour chart, DOGS is still trading inside a falling wedge, which typically signals a potential reversal — Price is currently heading towards the lower boundary of the wedge, located at around $0.0087 — This area could act as strong support, setting up a bounce — Historically, these patterns tend to break to the upside, so while bears may have the upper hand at the moment, there is a high probability of a reversal in the near future.

DYOR! #Write2Win #Write&Earn $DOGS