The market trend analysis for the DOGS/USDT price on this screenshot shows several important elements:
1. **Current Price**: The price is 0.0014160 USDT, down 10.41% over the indicated period.
2. **Overall Trend**: The curve shows a downward trend after a peak around 0.0016700 USDT. We observe a continuous drop towards 0.0013529 USDT, followed by a slight rise before a new decline.
3. **Moving Averages**:
- **EMA(7)**: The 7-period exponential moving average is 0.0014674 USDT (yellow line).
- **EMA(25)**: The 25-period exponential moving average is at 0.0014459 USDT (pink line).
The EMAs are showing a bearish crossover, indicating that selling pressure is stronger, which is confirmed by the recent drop in price.
4. **Volumes**: The trading volume is quite high with 331.95 billion for DOGS and 500.78 million for USDT, indicating strong trading activity, but with a majority of selling (63.18%).
### Conclusion
The DOGS/USDT market is currently showing a bearish trend with selling pressure predominating. Technical indicators (EMA) support this downtrend. It might be wise to wait for a clear reversal signal before taking a position, especially if you are considering buying.
