ANOTHER DAY, ANOTHER TOPIC ON DOGS! YOU'LL READ THE BEST ONE TODAY!
Although we are still monitoring this support to see if it will adhere to one of our guidelines for identifying supports, $DOGS has set its new support at 0.00098. First of all, it should maintain the price even after many rejections, suggesting that buyer accumulation actions are still occurring in the area where support may be found. Second, no significant selloffs are occurring at the moment at the minor upward impulsive wave that bounces from the support, which can be used to determine the intents of sellers. This must be recognized to make sure that the support we see is not merely another ruse to trick prospective purchasers into purchasing a phony or flimsy pricing foundation. Next, confirming the general attitude toward dogs. The potential total worth of DOGS is still being hyped up by a lot of excited DOGS community members. We can confidently predict that more supports will be built in the zone we've indicated, or even lower it, as there are other initiatives being developed inside the economy of this coin. Last but not least, in addition to verifying that the support is being validated, the sentiment surrounding it is also being held steady. We also need to examine whether a new resistance could emerge in place of an existing one. For instance, if DOGS is turned down at 0.0012. Rather of establishing a support system, this could establish a new degree of resistance for DOGS.
Stay wise, trade cautiously.
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