$DOGS /USDT Technical Analysis: Potential Reversal Ahead?

DOGS/USDT is showing signs of consolidation, with the price currently trading at 0.0007796 USDT. After bouncing off the support level at 0.0007732, it’s trying to regain bullish momentum. However, key resistance between 0.0007847 and 0.0008169 could stall this rise if buyers don’t step in with volume.

The 7-day moving average sits just below the price, indicating short-term upside potential, but the 25-day moving average above signals resistance to a full recovery. Entry Strategy? Watch for a break above 0.0007844 with strong volume for a potential long entry, aiming for 0.0008169 as your first target. On the downside, if the price slips below 0.0007732, it could retest the 0.0007464 support, presenting an opportunity for a low-risk buy.

Stay alert for a decisive breakout before making a move!

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