Technical Analysis on $DOGS: Will It Reach 0.001?
• Current Price: $0.0007662 (+2.65%)
Key Moving Averages:
• MA(7): $0.0007501 (above, indicating bullish momentum)
• MA(25): $0.0007514 (close to breakout zone)
• MA(99): $0.0006980 (support holding strong)
Bullish Outlook
1. Resistance at $0.00081 is a critical zone. A breakout above this level can push $DOGS toward:
• $0.00085
• $0.00092
• $0.001 (psychological target)
Bearish Risks
If rejected at $0.00081:
• Support levels to watch:
• $0.00072
• $0.00068
Market Sentiment
• Buy Volume: 919.37M (stronger inflow compared to sell signals).
• RSI shows slightly overbought, but not alarming.
What Next?
• Breakout Catalyst: A spike in buy volume above $0.00081 could send $DOGS to $0.001.
• Stay cautious of market corrections.
#DYOR | #CryptoAnalysis | #DOGS
Can the bulls sustain the momentum? Let’s watch closely!