**1. Technical Analysis:**

DOGS coin has faced significant volatility on the TON blockchain. After an initial surge, the coin encountered resistance and entered a bearish phase. Key technical insights include:

**Recent Decline**: DOGS has seen a 20% drop over the past week and a 34% drop this month, currently trading around $0.001048.

- **Bearish Indicators**: MACD signals a continued downtrend, and the Awesome Oscillator shows increased selling pressure.

- **Resistance Levels**: Key resistance is at $0.0015. A break above this could signal a reversal, but consolidation is expected unless broader market conditions shift.

**2. Fundamental Analysis:**

DOGS is a meme coin on the TON blockchain, driven by community support and social media hype. Its fundamentals include:

- **Community-Driven**: DOGS relies heavily on its community and is linked to Telegram’s Spotty, associated with founder Pavel Durov.

- **Low Market Cap**: Compared to larger meme coins like Dogecoin, DOGS has growth potential but remains speculative.

- **TON Blockchain**: As TON's ecosystem expands, DOGS may benefit, but it remains uncertain how well it will capitalize on the blockchain’s growth.

**3. Price Speculation for December 2024:**

- **Bearish Scenario**: Further declines could see DOGS trading between $0.0005-$0.0008.

- **Neutral Scenario**: Consolidation could stabilize DOGS between $0.0017-$0.002.

- **Bullish Scenario**: In a highly optimistic case, DOGS could rise to $0.003 or higher, though a 500% surge appears unlikely without major catalysts.

**Conclusion:**

DOGS coin is highly speculative and dependent on market trends, community sentiment, and social media influence. Investors should expect volatility and closely monitor key technical indicators.

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