BREAKS KEY SUPPORT – WHAT LIES AHEAD? 🚀
$DOGS has recently broken through a major support level at $0.009730, now trading around $0.009470. The bears are in control for the moment, but don't be quick to count out the bulls just yet!
Big Picture Alert 🔍
On the 4-hour chart, $DOGS is carving out a falling wedge pattern – a classic signal that a reversal might be near. As the price heads toward the wedge's lower boundary around $0.0087, we could see a solid support level emerge. Falling wedges often break upward, suggesting that while bearish pressure is strong now, a bullish bounce could be right around the corner.
Staying the Course 🚀
I’m holding my position and not selling at a loss. This dip is part of a larger play, and I believe $DOGS is gearing up for a significant upswing. Stay tuned – the next move could be explosive!