Yesterday's massive 10% drop in $DOGS was just the beginning of what appears to be an ongoing downtrend. The key support level at 0.00092 (all-time low) is being tested and if it breaks, prepare for a slide to 0.00088 or even lower!
Meanwhile, $BTC is struggling to recover to $58k but has failed to hold, now retesting previous support. If this retest fails (and the odds are slim), DOGS could see further significant losses.
🎯 Trade setup:
- Position: Short
- Currency: $DOGS
- Current price: 0.00095
- Target: reduce 5-7% or more