$DOGS is showing positive momentum again and gaining a lot within no time..

To initiate a short position on $DOGS /USDT based on the current market dynamics you observed, here’s a quick rundown on what to consider:..

1. Entry Point: Given the recent recovery in the price, you might wait for a potential retest of resistance near the daily high of $0.0007562 or look for signs of weakness or reversal patterns at current levels to confirm entry.

2. Target Levels: Setting profit targets slightly above the recent low could be prudent, such as around $0.0006200. Monitor the market closely for any changes in momentum that could invalidate the bearish outlook.

3. Stop-Loss: To manage risk, place a stop-loss above the recent high, possibly around $0.0007600 to $0.0007700, to protect against unexpected bullish movements.

4. Market Sentiment: Keep an eye on broader market sentiment and any news specific to DOGS that could impact price action dramatically.

Before executing the trade, double-check all market conditions and ensure that this strategy aligns with your overall trading plan and risk management rules.

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