#今日市场观点 #美联储何时降息？

$DOGS Violent price fluctuations - not for the faint of heart

Since being listed on Binance on August 26, $DOGS has given traders quite a scare. Its price fell sharply for a time, but then rebounded quickly, with an increase of as much as 42.62%. However, this journey of price volatility is not over yet.

There is still downward pressure ahead

Despite the rebound, the price of $DOGS has not formed a sustained upward trend and is still under pressure near $0.002. On August 27, its price fell another 2%, hitting a low of $0.0012. If this downtrend continues, we may see the price find support near $0.00067 or even $0.00033.

Hope to make a comeback

However, if the bulls regain the dominance, the price of $DOGS may rebound towards $0.00214 and face the next resistance at $0.0049. Currently, the Relative Strength Index (RSI) is at a neutral 33.45 level, meaning the market could move in either direction.

Keep holding - we need to stay calm 🤝🔥

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