_$DOGS Insight: A Reality Check_
This week, $DOGS is taking a breather, and it's essential to keep our expectations in check. Reaching $1 or even $0.01 might be a stretch, considering that achieving $0.01 would require a market cap almost double that of ETH's.
_A More Realistic Target:_
Aiming for a more attainable goal, a price range between $0.002 and $0.008 seems reasonable, mirroring the peaks of other memecoins like WIF and $DOGE.
_Support Level to Watch:_
$0.0012 is shaping up to be a strong support level to monitor, indicating potential stability.
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_$WIF Review: Downtrend Continues_
The downturn for $WIF persists, with no signs of slowing. While there might be a rebound near $1.35, it's crucial to remain cautious.
_Key Takeaways:_
- Wide gaps between support levels
- Sharper decline compared to $BTC
_Maintain a Bearish Outlook:_
Given these factors, it's wise to maintain a bearish outlook for $WIF.
_Struggling with Overtrading?_
Check out my earlier post for helpful strategies to avoid overtrading!
$BTC #Gravity #TON #BNBChainMemecoins #PowellAtJacksonHole #PowellAtJacksonHole
