DOGS/USDT Ready for a Big Move – 200% Gains Possible

24 thg 11, 2024

DOGS/USDT Ready for a Big Move – 200% Gains Possible

Price Level: DDOGS is currently trading at $0.00067, positioned just below a key resistance zone at $0.00072. A breakout above this level could confirm a bullish trend continuation.

Resistance Zone:
Immediate Resistance: 0.00072Multiple rejections at this level suggest strong seller activity, but a sustained push could trigger a breakout.

Support Levels:
Primary Support: 0.00065Strong Support Zone: $0.00060

Trend Analysis:
▪️ The asset has retraced 72% from its All-Time High (ATH) and remains 59% below ATH.
▪️ Price is consolidating within a tight range, indicating potential accumulation.

Breakout Expectation:
A breakout above $0.00072 could open the path for a 200% upside move, supported by the historical resistance-turned-support principle.

Entry Zones:
▪️ Initial Entry: $0.00067 (CMP)
▪️ Secondary Entries: Between $0.00065-$0.00060

Targets:
1️⃣ $0.00083
2️⃣ $0.00111
3️⃣ $0.00156
4️⃣ $0.003

Stop Loss: To minimize risk, I am placing a stop loss at $0.00058, below the strong support zone.

Always apply proper risk management and conduct your own analysis before trading.