$DOGS / USDT - update:
Bearish breakout [H4] 📉
The price is bearish at the moment but still sitting on the channel trend retest.
It's hard to say whether it will react upwards, but below 0.0008400$ I wouldn't try to trade against the trend!
If a double-bottom daily is to be formed, we will see it through a strong bullish reaction.
💡Note that the price has also broken the ATL.
As we have no historical support, the price could easily continue to fall⚠️📉
