SUNDOG Update đš
$SUNDOG is currently trading in a rising channel. The pattern is generally considered bearish. However, the bearish case isnât fully supported by volume, which remains relatively stable.
More importantly, SUNDOG recently failed to hold above the critical $0.34 level, signaling potential weakness.
What's Next?
- SUNDOG must stay above the channel's lower trendline to avoid further downsides.
- To shift the momentum to bullish, the token must reclaim $0.34 and break out of the channel pattern.
- If successful, we could quickly move towards $0.38 and potentially enter price discovery mode beyond that level.
