Hey, let's take a look at DOGS' current market situation. We're seeing a pretty bullish trend here. The recent low was at 0.00067, but it has bounced back nicely and is now trading near the recent high of 0.00071.
This upward momentum suggests strong buyer interest. However, since it's trading near the recent high, we need to be cautious. There might be a slight resistance around this level.
I'd recommend keeping an eye on volume and watching for any breakout above 0.00071. If that happens, we could see further upside.
Next potential target: 0.00085 (approx. 19% increase from current levels)
This target is based on historical resistance levels and Fibonacci extensions. However, keep in mind that cryptocurrency markets can be highly volatile.
Key levels to watch:
- Support: 0.00067
- Resistance: 0.00071
- Next Target: 0.00085
