$DOGS Momentum picking up 🔥
Current Price: $0.0006272 (+2.62%)
24H High: $0.0006454
24H Low: $0.0005958
Analysis:
DOGS is stabilizing after a bounce from its 24H low of $0.0005958. The price is currently trading near the MA(25) at $0.0006258, with the MA(7) at $0.0006285 providing immediate resistance. A breakout above $0.00064 could signal renewed bullish momentum, while failure to maintain the current levels might lead to a retest of $0.0006115.
Key Levels:
• Support: $0.0006115
• Resistance: $0.0006285 and $0.0006454
Insights:
Volume shows consistent engagement, suggesting traders are monitoring DOGS closely. Breaking the $0.0006454 resistance could open the door to higher targets near $0.00067. Conversely, losing support at $0.0006115 could signal potential downside toward $0.00059.
Trade Idea:
• Bullish: Look for a breakout above $0.0006454 to target $0.00067-$0.00070.
• Bearish: Monitor for a breakdown below $0.0006115 to target $0.00059.
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