$DOGS — 4h
You can see how the price has reached the 0.0006 zone, which is equivalent to a -60% decline from the initial values.
This is the area where I am buying this coin because of my previously described “-60% pattern”.
It is also worth noticing the lower downtrend line, which the price has touched.
Of course, there are no signs of trend reversal yet, but here it makes sense to pick up a coin for medium or long term.
I believe we are at or near the bottom, now I would like to see a rise.
But not immediately, consolidation in this range is possible, most likely the big players will pick up within these values, stuffing their bags before rising.