hello dogs army! Sorry the pain is everywhere for those who bought things at a high rate! My next plan to buy dogs are in the following zones (discounted price now also, so cautiously you can start buying now):
1) Golden Pocket ($.000507-$0.0005251) Please look on to the chart for seeing it! 2) Most probably the most winning buy zone would be $0.00049 zone if it retrace that low!
There are always risk in leverage therefore I would rather ask you to limit yourself to two to three leverage max even if you buy at the given zones...SAFU
technical analysis and trade signals for $DOGS /USDT with three target levels and momentum:
Current Price: 0.0006414
Trend: Bearish in the short term due to a significant drop of 29.13% in the last 24 hours.
Resistance Levels:
Target 1 (T1): 0.0007100 (Recent rejection zone, potential to test this level)
Target 2 (T2): 0.0008000 (Resistance near the 24h high and key psychological level)
Target 3 (T3): 0.0009093 (24h high, where selling pressure may increase)
Support Levels:
Support 1 (S1): 0.0006100 (Recent low, strong support area)
Support 2 (S2): 0.0005800 (Possible extended downside, major support)
Trade Momentum:
Bearish Momentum: The price is currently experiencing a strong downward momentum with the 15m, 1h, 4h, and 1D candles showing consistent declines. The price could continue to test lower support levels before a potential reversal.
Trade Signals:
1. Short Opportunity (Bearish Momentum):
Entry: 0.0006414 (Current Price)
Stop Loss: 0.0007100 (Resistance level)
Target 1 (T1): 0.0006100
Target 2 (T2): 0.0005800
2. Long Opportunity (Reversal Potential):
Entry: 0.0006100 (If the price holds the support level and shows signs of reversal)
Stop Loss: 0.0005800 (Support level)
Target 1 (T1): 0.0007100
Target 2 (T2): 0.0008000
Target 3 (T3): 0.0009093
Conclusion:
Current Sentiment: Bearish in the short term due to the downward trend, but a potential reversal could occur if the support levels hold.
Strategy: Watch for the price to either break down further or bounce off key support levels to enter long positions. #BURNGMT