DOGS → the first analysis
hello guys.
it is a new coin and we have a lack of data.
Falling Wedge Pattern: Price has broken out of a falling wedge pattern, typically a bullish reversal signal.
Immediate Support Zone: Around the $0.0009864 level. A break below could lead to further downside.
Resistance Levels:
First Resistance: At $0.0011000; a break above could signal a move to the next target.
Key Resistance: At $0.0012655; if this level is breached, it could lead to a stronger bullish move toward $0.0014500.
Bearish Scenario: If the price breaks below the $0.0009864 support, it could drop further to the $0.0008177 level.
RSI Indicator: Shows a potential divergence, indicating a possible bullish reversal.
Outlook: Neutral, with a slight bullish bias if the price holds above the support and breaks key resistance levels. A drop below the support could turn the outlook bearish.
___________________________
✓✓✓ Always do your research.
❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them.
❤︎ ❤︎ ❤︎And please don't forget to support this idea with your likes and comment
it is a new coin and we have a lack of data.
Falling Wedge Pattern: Price has broken out of a falling wedge pattern, typically a bullish reversal signal.
Immediate Support Zone: Around the $0.0009864 level. A break below could lead to further downside.
Resistance Levels:
First Resistance: At $0.0011000; a break above could signal a move to the next target.
Key Resistance: At $0.0012655; if this level is breached, it could lead to a stronger bullish move toward $0.0014500.
Bearish Scenario: If the price breaks below the $0.0009864 support, it could drop further to the $0.0008177 level.
RSI Indicator: Shows a potential divergence, indicating a possible bullish reversal.
Outlook: Neutral, with a slight bullish bias if the price holds above the support and breaks key resistance levels. A drop below the support could turn the outlook bearish.
___________________________
✓✓✓ Always do your research.
❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them.
❤︎ ❤︎ ❤︎And please don't forget to support this idea with your likes and comment
Note
UPDATE FOR #DOGS
Note
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