$DOGS

/USDT: Monitoring for Potential Reversal from Support📈📊🎯

Current Price: $0.0006453

24h Change: -6.12%

24h Range: $0.0006334 - $0.0006943

24h Volume: 30.20B DOGS / 20.08M USDT

Technical Snapshot 📊

1. Trend:

Bearish with a -6.12% drop in the last 24 hours, showing significant selling pressure.

The price is testing near the $0.0006453 level, with $0.0006334 as immediate support.

2. Key Support:

$0.0006334 (recent low)

$0.0006200 (strong support level)

3. Key Resistance:

$0.0006750 (immediate resistance)

$0.0006943 (24h high)

4. Indicators:

RSI: 42 (Neutral to slightly oversold, potential for reversal)

MACD: Bearish, indicating continued downward pressure.

Volume: Moderate, suggesting consolidation or waiting for further direction.

Trade Strategy 🎯

Entry Zone: $0.0006334 - $0.0006450 (Look for signs of stabilization or reversal near support)

Stop-Loss: $0.0006200 (Manage risk)

Target Levels 🚀

1. 🎯 Target 1: $0.0006750 – Immediate resistance zone

2. 🎯 Target 2: $0.0006900 – Next resistance zone

3. 🎯 Target 3: $0.0007100 – Extended bullish target

Trade Tip:

With RSI nearing oversold levels, keep an eye on any reversal signals, such as candlestick formations or volume spikes, as the price approaches key support. A strong bounce here could lead to a potential short-term rally.

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