$DOGS Trading Analysis ๐Ÿ•

๐Ÿšจ 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

๐Ÿ” 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.

๐Ÿ“Š 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.

#DOGS #Write2Earn! #BinanceLaunchpoolHMSTR #BTCReboundsAfterFOMC #CryptoTrading