$DOGS Technical Analysis Update: Buy/Sell Strategy

Hey everyone, just a quick update on DOGS. The token is currently consolidating in a sideways move, so it’s wise to avoid chasing this particular coin for now.

What’s Happening?

DOGS isn’t showing aggressive growth, and there are a few reasons for that:

Early Airdrop Holders Selling: Many early airdrop recipients have started selling off their tokens, especially when new traders enter the market. These new traders often hold out for more profit, but panic sell once the price starts correcting.

Market Sentiment: $DOGS will likely pump again, but it’s important to remember that every asset has a specific zone where buying pressure builds up. For $$DOGS we can expect some buying interest soon, but it’s crucial to stay patient

Right now, it’s better to wait and see how Bitcoin moves before making any decisions with DOGS. Big players are entering the market, but most of them are more focused on Bitcoin. Keep calm, avoid the adrenaline rush, and remember that DOGS is just another memecoin—there will be many more like it.

#dogs #DOGSONBINANCE #BNBChainMemecoins #PowellAtJacksonHole #TelegramCEO