The DOGSUSDT 15-minute chart on Binance shows an interesting pattern! Currently, the price is in a descending triangle pattern, with strong selling pressure (marked by the yellow line) pushing the price towards the critical support zone (red zone).
📉 Bearish or Bullish? We saw several rejections in this support zone – will it bounce back up, or will it eventually break below?
If the price manages to breakout above the downtrend line, it could be a sign of an early rally towards the 0.0016728 USDT level! However, if it fails and breaks below the support zone, the bearish trend will continue. 🔍