$DOGS
š Strategy: Short Position (Potential Downward Trend)
š Sell Zone:
Entry: 0.0005405 - 0.0005415 (š Below short-term moving averages)
šÆ Take Profit (TP):
TP1: 0.0005186 (š Strong support level)TP2: 0.0005100 (š» Extended downside target)
š Stop Loss (SL):
SL: 0.0005464 (š Key resistance level)
š” Risk/Reward Ratio
ā ļø Risk: 0.0000055 (š» Entry to SL)š° Reward (TP1): 0.0000211 (š Significant downside)šµ Reward (TP2): 0.0000297 (šÆ Higher profit potential)
š Indicators to Watch
š RSI (Relative Strength Index):
š Look for oversold conditions (<30) for potential buying opportunity.
š„ MACD (Moving Average Convergence Divergence):
š¢ A bullish crossover above 0.0005397 would signal potential reversal.
š Volume Trends:
š¼ Increased volume near 0.0005342 would confirm bearish momentum.
šØ Recommendations
š Watch for entry near 0.0005405 - 0.0005415.šŖ Hold below 0.0005186 for further bearish movement.šØ Exit/Stop-loss if price rises above 0.0005464.