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$DOGS /USDT on the Rise: Is It Time to Ride the Wave? šÆā”
$DOGS (DOGS/USDT) has been gaining momentum, showing a 12.01% surge in the past 24 hours and trading at $0.0008009. With market conditions looking favorable, traders are eyeing new targets. DOGS has already reached a 24-hour high of $0.0008356, signaling bullish sentiment.
šÆ Key Targets to Watch:
1. Target 1: $0.0008356 ā Breaking this recent high could push DOGS into new territory.
2. Target 2: $0.0008600 ā A breakout here would confirm strong upward momentum.
3. Target 3: $0.0008800 ā This level could be a significant milestone, reflecting increased demand.
š Technical Overview:
MA(7): $0.0007985
MA(25): $0.0007530
MA(99): $0.0007012
$DOGS is currently riding above key moving averages, reflecting sustained buying pressure. With trading volume reaching 108.68B DOGS, the bullish trend seems set to continue, though some consolidation might occur along the way.
š Trading Strategy:
Traders may consider entering above $0.0008009 to aim for the first target at $0.0008356. Setting a stop-loss around $0.000778 can help manage risk. Watch for breakout signals above $0.0008600 to potentially lock in profits as DOGS eyes the $0.0008800 mark.
The hype around meme tokens continues to grow, making DOGS a strong contender in the short-term market. Stay alert, manage your trades wisely, and enjoy the ride!
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