Since the initial launch of the meme coin DOGSUSDT, the price has experienced a significant decline of nearly 50% from its ATH, presenting a potential buying opportunity at discounted prices. However, the recently price has broken and closed below the key psychological level of 0.001, which is a concerning sign for bullish momentum. Currently, the price is testing another significant round number at 0.0009. Given the overall bearish sentiment in the cryptocurrency market during this correction phase, I anticipate that the price may dip below this level as well. The consolidation zone suggests that the market is experiencing indecision, but it may lead to further downside before making any upward movement. It's possible that the market could form a false breakout of the previous support level before reversing direction. This could trap sellers who enter the market expecting continued declines. If the market does push below 0.0009 and then quickly rebounds, it could create a potential buying opportunity. My target is resistance zone at 0.0011
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