💥💥$DOGS Data analysis and signal💥💥

Dumping📉📉📉📉

Current Price: DOGS is priced at 0.0008407 USDT, showing a 2.00% decrease in the last 24 hours.

⬇️Short Below 👉0.0008120

⬆️Long Above 👉0.0008458

I would recommended short trade but wait for limit entry 🚫

⬆️24h High: 0.0008679 USDT

⬇️24h Low: 0.0008120 USDT

The price is fluctuating near the lower end of the 24-hour range, indicating possible downward pressure.

High trading volumes can suggest significant interest, but with a price drop, it could imply selling pressure.

The short-term moving average is just above the current price, suggesting minor resistance at the 0.0008458 level.

Key Observations:

The price is trending below the 7-day and 25-day moving averages, indicating a possible bearish trend.

There's been a recent low at 0.0007956 USDT, showing significant volatility in the past few days.

Recommendation:

Watch for Support: If the price stabilizes around 0.0008120 USDT (the 24h low), it could be a sign of short-term support.

Resistance Levels: Immediate resistance seems to be near 0.0008458 (7-day MA) and 0.0008556 (99-day MA).

Trading Volume: High volume suggests that a lot of trading is happening, but the price drop indicates more selling than buying, so monitor this to see if a reversal happens.

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