$DOGS Showing Bullish Signals
$DOGS in the short-term chart, the cryptocurrency's RSI is at 57.99, indicating a slightly bullish momentum, with the MACD showing a positive trend. The Stochastic Oscillator is also in the neutral zone, suggesting potential upward movement. Traders could consider entering a long position if the price breaks above the Bollinger Band's upper limit at $1.1034, with a stop-loss at $1.0583 and an exit target at $1.1200.
On the hourly chart, $DOGS continues to show bullish tendencies. The RSI at 59.35 and the MACD trending positively support this outlook. The Stochastic Oscillator is in the overbought region, signaling a potential correction, but the overall trend remains bullish.
Traders might look to enter long positions on a breakout above the upper Bollinger Band at $1.0997, setting a stop-loss at $1.0285, and targeting a resistance level around $1.1200.
On the daily chart, DOGS has experienced a significant bullish move. The RSI is at a healthy level of 59.35, indicating room for further upside. The MACD is also positive, supporting the bullish sentiment.
Traders could consider entering long positions if the price surpasses the recent high at $1.0972, with a stop-loss at $1.0508 and a target near $1.1200.
**Note: All timeframes and indicator readings are as per the time of this post. Traders are advised to exercise due diligence before taking positions.
