DOGS / TetherUS

DOGS → the first analysis

8736
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
Note
snapshot

UPDATE FOR #DOGS
Note
the market is reading our thoughts!

snapshot

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.