$DOGS $DOGS
DOGS/USDT Analysis
Support and Resistance Levels
- Support Level: 0.0005628 (recent low)
- Resistance Level: 0.0005985 (recent high)
Entry Signal
- Entry Point: 0.0005705 (current price)
- Stop Loss: 0.0005628 (below recent low)
- Take Profit Levels:
- First Take Profit: 0.0005985 (recent high)
- Second Take Profit: 0.0006636 (24-hour high)
Analysis
- Trend: The chart shows a downtrend as indicated by the series of lower highs and lower lows.
- EMA (50): The price is below the EMA (50) line, indicating a bearish trend.
- Candlestick Patterns: The recent green candlesticks suggest a potential reversal or consolidation phase.
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