$DOGS Trading Analysis đ
đš Current Price: $0.0007720 USDT
Recent Movement: DOGS has seen a downturn of 8.04% today, with trading oscillating between $0.0007616 and $0.0008590.
Volume Analysis:
24H Volume (DOGS): 60.37B DOGS
24H Volume (USDT): $49.15M
đ Technical Analysis:
Resistance: The recent high at $0.0008590 is the immediate resistance level.
Support: Support is formed around today's low at $0.0007616.
đ Prediction: If DOGS rebounds from its current support level, it could retest the resistance at $0.0008590. Breaking past this could lead to further gains towards $0.0009000. Conversely, a breach below $0.0007616 could trigger a decline towards $0.0007500.
Strategy:
Long Trade: Enter a long position if DOGS breaches $0.0008590, targeting $0.0009000, with a stop loss just below $0.0008400.
Short Trade: Short positions could be considered if it falls below $0.0007616, aiming for $0.0007500, with a stop loss set above $0.0007700.
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