The $DOGS market is showing signs of a potential buying opportunity as a key market structure shift appears to be underway. Recent analysis suggests that the downtrend dominating the market may be reversing, leading to the possibility of a bullish breakout.

One of the critical levels to monitor is the resistance zone at $0.0013770. Historically, this level has acted as a strong barrier, preventing upward momentum. However, a breakout above this zone could be the catalyst for a significant price rally. Traders should watch for sustained buying pressure around this level, as overcoming the resistance could unlock new highs and shift market sentiment from bearish to bullish.

On the downside, the support level at $0.0008650 has recently demonstrated resilience, with the market bouncing off this area. The bounce suggests that the market may have formed a higher low, which is a classic signal of a trend reversal. This shift from lower highs and lower lows to the formation of a higher low is an encouraging sign for those eyeing long positions.

If the bullish reversal materializes, DOGS/USDT could experience renewed upward momentum. Traders and investors should pay close attention to price action around these key levels. A confirmed breakout above the $0.0013770 resistance level would likely indicate the start of a new bullish phase. Conversely, if the market revisits and holds the $0.0008650 support, it could confirm the higher low and provide a more solid foundation for an upward move.

In conclusion, the DOGS/USDT market presents an intriguing opportunity, with clear levels to watch that could dictate the next major price movement.

#Write2earnonBinancesquare #BTCReboundsAfterFOMC #FTXSolanaRedemption #BinanceLaunchpoolHMSTR #Dogsonbinance