$DOGS LATEST ANALYSIS!! BE READY😳😳:

Approximately 0.001251 USDT.

Resistance: The upper horizontal purple line around 0.001260 USDT marks a clear resistance level where the price was previously rejected.

Support: The lower purple line around 0.001230 USDT marks immediate support.Breakdown Analysis

Breakdown Scenario: If the price breaks below the 0.001230 USDT support, this would confirm the bearish sentiment, leading to further downside. The blue arrow highlights this potential breakdown.

Target Levels:

The immediate target for this move would be around 0.001200 USDT, which is the next major support.

TP1 (Target): 0.001200 USDTTP2 (Final Target): The level marked as

TP2, around 0.001050 USDT, represents a deeper support level after a potential breakdown and retest of the previous support.

Short Trade Setup:

Entry: Below 0.001230 USDT, after the breakdown is confirmed.Stop Loss: Above 0.001260 USDT to protect against false breakouts.Take-Profit Levels:TP1: 0.001200 USDTTP2: 0.001050 USDT

Breakdown and Retest: The chart also hints at a possible retest of the broken support (now turned resistance) around 0.001230 USDT. If this retest fails, it would strengthen the bearish outlook, and a move toward TP2 becomes more likely.

Summary of the Trade Setup

Short Trade:Entry: Below 0.001230 USDT (after breakdown confirmation).Stop Loss: Above 0.001260 USDT.Take-Profit (TP1): 0.001200 USDT.Take-Profit (TP2): 0.001050 USDT.

This setup suggests that DOGS/USDT is in a potential breakdown phase, with key levels to watch for further downside movement.

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