After its launch, DOGS token experienced a pullback but has since consolidated within a defined range, indicating reduced market interference.
Key Observations:
- DOGS price holds local support at $0.001, keeping bullish hopes alive.
- Consolidation above the crucial support zone ($0.00098-$0.000998).
- MACD suggests balanced bull and bear participation.
- RSI remains elevated.
Near-Term Outlook:
- Expected horizontal consolidation before a potential rise beyond $0.00117.
- Local support may attract buying volume, triggering a rally to $0.0011.
Long-Term Potential:
- Break above $0.0011 could spark a rally to $0.014 and eventually $0.16.
Keep a close eye on DOGS' price movement as bullish signs emerge.
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