The price of $DOGS /USDT is currently trading at $0.0009796, showing a modest increase of 1.86% over the last 24 hours. The nearest resistance level is at $0.0010238, with support at $0.0008925. The price has bounced back from the support level, indicating bullish sentiment, but it is currently facing resistance near $0.001.
For traders looking for a long position, a breakout above $0.0010238 could signal a continuation of the upward momentum, with potential targets at $0.0010304 and $0.0010500. A stop-loss should be set around $0.0009341 to manage risk in case of a pullback.
If $DOGS/USDT fails to break the resistance at $0.0010238 and begins to fall, a retest of the support level at $0.0008925 is possible. A break below this support could push the price further down to $0.0008859. Traders should closely watch the price action around these key levels to adapt to potential movements in either direction.
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