Analysis of predicted price increases and decreases for DOGS/USDT
Decrease:
If the price $DOGS continues to maintain a downtrend and does not hold
the support level at 0.0004685 USDT, the next important support level
that investors need to monitor is 0.0004019 USDT.
This price level can be seen as an important bottom. However, if this price level is broken, there is a possibility that the price will continue to plummet below the threshold of 0.00040 USDT, especially in the context
of trading volume and market sentiment remaining weak.
Increase:
Regarding the price increase, if #DOGS can break through the immediate resistance
at 0.0005632 USDT (7-day EMA) and 0.0006276 USDT (25-day EMA), the next high target could move towards approximately
0.0008901 USDT.
In the case of a strong increase and capital inflow,
it is highly likely to return to the previous peak at the level
of 0.0013784 USDT. However, this will require a significant change
in the current market conditions and sentiment.
In summary, the predicted low price in the short term is around 0.0004019
USDT, while the high may reach 0.0008901 USDT. If the market trends favorably and there is a strong recovery,
the optimistic high could rise to around 0.0013784 USDT.
