🚀 $DOGS 83% Pump Alert! 🚀
We’re watching
#dogs closely as it has remained in a prolonged downtrend since its initial listing. Currently, the chart is showing signs of a potential reversal, as DOGS approaches a breakout from its extended falling wedge pattern. A breakout here could trigger a substantial move to the upside, pushing the price into previous high liquidity zones and creating a strong opportunity for profit.
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Chart Pattern Insight: This falling wedge formation suggests that we may soon see DOGS rise back toward previous highs if a breakout occurs. Historically, breakouts from this pattern have led to sharp gains, making this an ideal moment for entry.
Adding strength to this forecast, TOTAL3 (the total market cap of altcoins excluding BTC and ETH) has recently bounced back from a critical Value Area Low (VAL). This key level has provided a foundation for altcoin rallies in the past, and this rebound could spark a broader upswing across altcoins.
Another supporting factor is BTC Dominance (BTC.D), which appears to have peaked and is primed for a decline. As BTC.D trends downward, the market typically enters a parabolic phase, similar to the last cycle, where altcoins experience significant pumps.
In summary, all signs point to a strong upward momentum for DOGS and possibly the entire market. This could be the beginning of an explosive rally to capitalize on.
Trade Details:
🔹 Entry: 0.0004967
🔹 SL (Stop Loss): 0.3966
🔹 TP1 (Target Price 1): 0.000665
🔹 TP2 (Target Price 2): 0.0009135