🚀🐶 DOGS Price Enters Correction Phase - Is a New ATH Near? 📈📉
$DOGS recently entered a correction phase as the price dropped 30% over the past week — Even with this downturn, the asset remains a major player in the market currently ranked 12th in terms of trading volume with a market cap of $547.11 million.
➣ Key Technical Developments
- DOGS price has broken above the 20-day EMA, but buyers are under pressure leading to the recent pullback.
- The 97.40% gain since launch highlights the token’s volatility but is down 39.32% from its all-time high.
- Technical analysis suggests a bullish breakout in the near future.
If price holds above 20-day EMA, there is a possibility of a 40% increase, taking the asset back to its previous high. However, failure to hold above key levels could lead to continued selling pressure ‼️ ✔️
DYOR! #Write2Win #Write&Earn $DOGS