$DOGS : Massive Short Liquidation Sparks Bullish Momentum!
📊 $131.12K in shorts liquidated at $0.00058, signaling strong bullish pressure.
This could be the start of a significant upward move for DOGS. Let's break it down for the next opportunity.
Key Levels to Watch
Support Zone: $0.00055 - $0.00058 (strong demand area).
Resistance Zone: $0.00062 - $0.00065 (breakout point).
Potential Targets After Breakout:
1. $0.00070 (short-term).
2. $0.00080 (medium-term).
3. $0.00100 (long-term).
Trading Plan for $DOGS
Buy Zone
Dip Entry: $0.00055 - $0.00058 (if price retests support).
Breakout Entry: Add positions above $0.00062 after confirmation.
Targets
1. Target 1: $0.00070
2. Target 2: $0.00080
3. Target 3: $0.00100
Stop Loss
Stop Loss Level: $0.00053 (below support to minimize risk).
What’s Next?
1. Bullish Scenario:
If $DOGS holds above $0.00058 and breaks $0.00062, expect a rally toward $0.00070 and beyond.
2. Bearish Scenario:
A fall below $0.00053 could indicate further downside—avoid buying in this case.
💡 Tips:
Volume Confirmation: Ensure strong buying volume during the breakout above $0.00062.
Risk Management: Keep your stop loss tight to protect your capital.
DOGS is showing strong potential—Be ready for the next big move! 🎯
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