DOGS (DOGSUSDT) Market Update
DOGS has shown a minor bounce recently, giving a slight indication of recovery. However, due to BTC's strong dominance in the market, there’s a chance this recovery could be short-lived.
Key Levels to Watch:
Support Level: 0.0005400 – This level could be revisited if BTC dominance continues to rise, leading to further pressure on DOGS.
Current Sentiment:
The market is still uncertain, and DOGS remains in a vulnerable position with potential for further dumps.
BTC’s market dominance suggests that altcoins, including DOGS, may struggle to maintain upward momentum.
Recommendation:
Monitor BTC's dominance closely and exercise caution with DOGS. For now, it might be wise to avoid major positions until a clear trend emerges for a stable recovery.
#dogs $DOGS