Penny's analysis today: DOGS
As a phenomenal new coin of TON, DOGS started a downward trend after reaching a peak of $0.0015, showing a descending wedge pattern in the 4-hour chart. However, with the bullish divergence of the RSI line, DOGS shows a high probability of a bullish breakout. In addition, the recent decline in prices near the upper support level has enhanced the bullish chances.
Summary: DOGS is bullish, the first target: 0.0010, the second target: 0.001297.
