The $DOGS coin has recently fallen by over 10%, and this downtrend might continue. If you’re holding DOGS, here’s what you need to monitor:
Key Levels to Watch:
DOGS is nearing its all-time low of 0.00092.
If this support level breaks, the price could decline further, potentially reaching 0.00088 or lower.
Impact of Bitcoin:
Bitcoin is struggling to surpass $58k. If Bitcoin doesn’t recover, DOGS might face even greater losses as market sentiment weakens and affects other coins as well.
Trade Setup:
Position: Short
Coin: $DOGS
Current Price: 0.00096
Target: Expecting a 5-7% drop or more
As always, conduct your own research before making any trades and remain cautious in this volatile market.