The next few days could be a turning point for $DOGS as it faces some serious pressure.
After hitting major exchanges like Binance, OKX, and Bybit, DOGS has taken a sharp dive, dropping 39% in the last 24 hours.
The coin launched at $0.001856 but quickly fell to $0.001129, leaving many investors in shock.
$DOGS Current Snapshot:
- Price: 0.0010583
- Change: -2.99%
Launched with excitement on International Dog Day, DOGS initially had a lot of hype behind it.
But with over 502 billion tokens flooding the market, the price struggled to keep up. Even though trading volume surged over $2.17 billion, the price didn’t follow suit as some had hoped.
Is a Bigger Drop Coming?
Some analysts predict that $DOGS could drop another 20%, potentially dipping to $0.0009.
However, if the coin manages to stay above $0.001, there might still be a chance for recovery. Key resistance levels to watch could be around $0.0032 or even $0.005 if the coin regains momentum.
Big News on the Horizon
One factor that could affect DOGS is the upcoming news about $DUROV, which might bring some movement to the market.
These next few days will be critical for $DOGS, so stay tuned for what could be a major shift!
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