$DOGS Price Enters Correction Phase - Is a New ATH on the Horizon? ‼️

$DOGS has recently entered a correction phase with its price declining by 30% in the past week — Even with this downturn the asset remains a key player in the market currently ranked 12th in trading volume with a market capitalization of $547.11 million

➣ Key Technical Developments

- The DOGS price exceeded the 20-day EMA, but buyers are facing pressure leading to a recent pullback

- A 97.40% surge since its launch highlights the token's volatility but it’s down by 39.32% from its all-time high

- Technical analysis suggests a possible bullish breakout on the horizon

If the price manages to hold above the 20-day EMA, there is potential for a 40% surge, taking the asset back to its previous highs However, failure to sustain above key levels could result in continued selling pressure ‼️✔️

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