$DOGS /USDT: Significant Recovery Underway ๐Ÿ”ฅ

๐Ÿ“ˆ Current Price: $0.0005597 (+3.84%)

๐Ÿ“Š 24H Range: $0.0004639 - $0.0005753

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Key Observations:

DOGS is witnessing a strong bounce from the support zone at $0.0004639, with volume surging to confirm the upward momentum.

Bullish candles forming on the 4-hour chart suggest a potential trend reversal.

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Key Levels to Watch:

Resistance Levels: $0.0005753 and $0.0006640

Support Zone: $0.0005400

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Technical Indicators:

Moving Averages (MA): The 5-MA is crossing above the 10-MA, signaling bullish momentum.

MACD: Momentum shifting towards the bulls with narrowing divergence.

Volume: A clear increase indicates renewed buying interest.

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Trading Strategy:

1. Short-Term Target: Break above $0.0005753 could lead to $0.0006400.

2. Stop-Loss: Set below $0.0005200 for risk management.

3. Monitor: Keep an eye on volume to confirm breakout strength.

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