Launched on the TON blockchain, DOGS Token (DOGS) has seen a 33% decline in the last 30 days and a 7% drop in 24 hours. With a declining market cap, investor confidence is waning.
Technical Outlook:
Support: $0.008 and $0.006 are critical levels to watch.
Resistance: $0.012 and $0.015 are key for potential recovery.
RSI: Oversold, signaling a possible short-term bounce.
Moving Averages: A Death Cross suggests continued bearish momentum.
Prediction:
Without significant catalysts, DOGS is likely to remain in a downtrend. A break above $0.012 could indicate a potential recovery.
