Fibonacci Analysis for Price $DOGS
The current DOGS price is $0.0012244, which is between the 50% and 38.2% Fibonacci retracement levels. To better understand the price trend, we will analyze the Fibonacci retracement levels based on the highest price ($0.0018) and the lowest price ($0.0005454).
Common Fibonacci retracement levels include 23.6%, 38.2%, 50%, 61.8%, and 78.6%. Here are the corresponding price levels:
23.6%: $0.001463
38.2%: $0.001344
50%: $0.001173
61.8%: $0.001002
78.6%: $0.000822
Currently, DOGS price is between the 50% ($0.001173) and 38.2% ($0.001344) levels. This could indicate support at $0.001173 and resistance at $0.001344. If the price continues to rise, the next resistance level could be at $0.001344. Conversely, if the price falls, the support level could be at $0.001173.
