$DOGS /USDT has been consolidating in a range for the past few hours. The price is currently trading near the lower end of the range, indicating potential downside pressure. However, the recent bullish engulfing candle suggests a possible reversal to the upside.
Entry: 0.0005350 (Buy)
Resistance: 0.0005450, 0.0005500, 0.0005550
Support: 0.0005300, 0.0005250, 0.0005200
Stop Loss: 0.0005200
Take Profit 1: 0.0005450
Take Profit 2: 0.0005500
Take Profit 3: 0.0005550
Caution: Traders should watch for stability or potential breakout signals from the current range. A break below the support level could signal further downside, while a break above the resistance level could lead to a bullish move.