DOGS is currently trading at $0.0007572, showing a positive momentum with a 5.49% increase. This upward movement indicates growing interest and bullish sentiment in the short term.
Key levels to watch:
Support: $0.00072, $0.00070
Resistance: $0.00078, $0.00080
The current price action suggests DOGS has broken through some recent resistance, which is a positive sign for bulls. The token is now approaching the $0.00078 resistance level, which could be a key battleground for further upside.
Short-term outlook:
If DOGS can maintain momentum and break above $0.00078, it could target the psychologically important $0.00080 level.
A pullback to test support at $0.00072 wouldn't be unusual after this rise and could present a buying opportunity if the overall trend remains positive.
Volume should be closely monitored. Increasing volume on upward price movements would confirm the strength of this trend.
For traders, the current uptrend might present opportunities, but it's important to set appropriate stop-losses given the volatile nature of smaller cap tokens like DOGS.
Potential targets if bullish momentum continues:
$0.00080 - Immediate resistance and round number
$0.00085 - Extended target if buying pressure remains strong
