đš $DOGS Alert đš
Current Price: 0.0006472 USDT
24-Hour Change: -2.98%
Key Levels to Watch:
Resistance: 0.0007 USDT
Support: 0.0006 USDT
Technical Analysis Overview: The DOGS/USDT pair shows a recent downtrend in the 4-hour chart, with the price currently hovering near the support level at 0.0006 USDT. After facing a high near 0.0007116 USDT, the price has retraced, marking a crucial resistance around 0.0007 USDT.
Trade Suggestions:
Long Trade: Enter above 0.0007 USDT, targeting 0.0008 USDT, and place a stop loss below 0.0006 USDT.
Short Trade: Consider entering below 0.0006 USDT, targeting 0.0005 USDT, with a stop loss above 0.0006472 USDT.
Outlook: The market sentiment for DOGS is slightly bearish as it approaches its support level. A breakout below could lead to further declines, while a bounce back above the resistance could indicate a potential reversal. Keep an eye on volume and market news for additional cues!
