Regarding $DOGS (Dogcoin), the analysis is as follows:

Simplified technical aspects: no need to draw cumbersome support and pressure lines, directly focus on external factors.

Bad news about the project fundamentals: The Telegram project has frequent negative news, the founder is plagued by problems, and the prospects are unclear.

Market rules: Binance's new coins rarely soar at the opening, such as GMT and FITFI's success cannot be replicated, because their projects are novel and market sentiment is extremely optimistic. $DOGS, as a meme coin, lacks unique value and the probability of soaring is extremely low.

Market environment: The current market fluctuates widely and shows a downward trend. The market value of $DOGS is nearly 5 billion. Under internal and external troubles, the risk of the main force pulling up is huge.

Benchmark misunderstanding: It is unrealistic to compare with NOT. Although NOT has experienced a sharp rise after a series of declines, the new coin market is generally regarded as a high-risk area and is difficult to predict.

Cost structure: $DOGS opened on the same day on OK and Binance, and the cost of most holders is concentrated around 0.00012, which has become a key psychological barrier. If it is forced to rise, it is not only illogical (because it needs to drive all cost lines), but also easy to trigger subsequent multi-level locked-in positions, forming a step-by-step downward pressure.

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In summary, for $DOGS, we should be cautious in the current environment, avoid blindly following the trend, and rationally analyze market trends and project fundamentals. #Dogs #DOGS新币 #DogsHouseEth #DOGSONBINANCE #DOGS迷因币 $DOGS