DOGS/USDT: BREAKOUT ALERT! Is a 160% Rally Incoming?Hey everyone!
If you’re finding value in this analysis, don’t forget to hit that 👍 and follow for more updates!
DOGS Coin is showing serious potential right now. Known for its community-driven approach and utility in decentralized finance, DOGS Coin is breaking out from a descending triangle on the daily timeframe and is currently retesting this breakout level. After a successful retest, we could see a substantial 150-160% pump. Accumulate some here, with plans to add more on any dips.
Entry Range: Current Price (CMP) and add more up to $0.00052
Targets: $0.0008 / $0.0011 / $0.00152
Stop Loss: $0.000444
DOGS Coin’s price action looks like a strong bullish setup! What’s your take? Share your insights and analysis in the comments below!
DOGSUSDT
DOGS/USDT: Persistent Bearish Momentum with No Bullish Signalshello guys.
Consistent Downtrend: Price remains confined within a strong descending channel, repeatedly failing to break above the channel's upper boundary.
No Bullish Signals: There are no signs of bullish divergence or reversal patterns, which suggests that the downtrend is likely to continue in the near term.
Weak Support: Although there’s minor support around 0.0005400 - 0.0005300, the lack of bullish reaction at this level implies weak buyer interest.
Potential for Further Decline: Without any bullish signals, the price is likely to test lower support levels within the channel.
DOGS New Update (Looks Bearish - 4H)Based on the data we have so far from DOGS, it appears that a diametric pattern is forming.
Ever since this wish was listed, it has had negative waves.
This telegram dog can have more drops by maintaining the red range and until this diametric is finished, price growth is not expected from DOGS.
After wave E, waves F and g also remain, which shows that DOGS can remain bearish for weeks.
Note: This is just a point of view. To make a decision in your trades, you should check and decide for yourself
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
DOGS: Testing Resistance within Downward Channelhello guys.
Downward Channel: The chart shows DOGS/USDT moving within a descending channel, indicating an ongoing bearish trend.
Current Rebound: The price is currently bouncing back toward the upper boundary of the channel but is facing a resistance zone around $0.00065–$0.00070, which aligns with the channel’s resistance.
Possible Rejection: A rejection from this resistance area could signal a continuation of the downward trend, with the price potentially heading back to lower levels within the channel.
Breakout Potential: If DOGS/USDT can break above the channel and maintain support above this resistance zone, it could suggest a potential trend reversal or short-term bullish momentum.
Outlook: Watch for price action around the resistance zone. A clear rejection could lead to further downside, while a breakout may open up opportunities for an upward move.
#DOGS/USDT#DOGS
The price is moving in a descending channel on the 4-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel and we are now touching this support at a price of 0.000570
We have a downtrend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.000588
First target 0.000670
Second target 0.000752
Third target 0.000856
$DOGS ARE GOING TO THE VET! IT TIME FOR A RELIEF PUSH DOWN :OBINANCE:DOGSUSDT.P
1. Wave Analysis
We are currently in a *B-wave down* based on Elliott Wave theory. The price rejections from key support and resistance zones confirm this.
Key Level: 0.0007176 was the major rejection point, signaling a move lower to form a "Lower High"
2. Trend Overview
- The downtrend started on **October 14, 2024**, resulting in a **-21% loss** from today's price.
- This is a memecoin, and despite the "Month of Memecoins," it's underperforming. **Not surprising**, as original projects often lose value when new competition arises.
3. Risk Factors
- "Be cautious." Price moves could be **fast and abrupt** due to political news, FOMO, and market sentiment.
- Altcoin correlation: When altcoins drop, they tend to fall together. Expect volatility across the board.
---
( -_•)Entry Price: 0.0006862
❌🛑Stop Loss: 0.0007178
🪙Take Profit: 0.0006001
DOGS/USDT in an Ascending Channelhello guys.
let's analyze DOGS!
Ascending Channel Structure: The price is moving within an ascending channel, indicating a long-term bullish trend.
Reachable Resistance Area: The price is approaching a reachable resistance area between 0.0000770 and 0.0000800 USDT, which could act as a ceiling for further upside moves.
Potential Retracement: After testing the resistance zone, the chart suggests a potential retracement towards a lower support zone around 0.0000650 USDT, marked as the next reachable area.
QML Zone (Key Level): The current price action shows a possible push upward toward the resistance. However, if the price fails to break above, it may return to the QML zone around 0.0000740 for consolidation before deciding on the next move.
Risk of Reversal: If the price breaks below the QML level and fails to hold, it could target the lower boundary of the ascending channel and test the broader support around 0.0000650 USDT.
Why bearish DOGS can be poised for breakoutDOGS price is facing massive bearishness, but the bulls are constantly trying to raise the momentum. After rising from the lows, the price is maintaining a consolidated ascending trend within a symmetrical triangle, which could result in a breakout soon.
The volume has been plunging consistently, suggesting the bears are extracting the profit, which may soon get exhausted. The market sentiments are expected to flip in the coming days, which could revamp a strong ascending trend and break from a decisive phase towards the north. With this, the DOGS price is expected to rise above $0.00081 and, after securing the above newly formed support, the token could head towards $0.001 soon.
DOGS/USDT looks promising!🚀 DOGS/USDT looks promising! 🐶💎
Breakout and retest on smaller time frames are almost complete. If the retest holds, we could see a solid bullish move in the coming days, potentially leading to a big breakout soon. 📈🌕
⚠️ This is not financial advice. Always do your own research (DYOR) before making investment decisions. 🔍
$DOGS Trading Idea: Falling Wedge Breakout with Retest IncomingWe’ve just witnessed a classic breakout from a falling wedge pattern on BINANCE:DOGSUSDT . After an extended downtrend, marked by lower highs (LH) and lower lows (LL), the asset broke through the wedge resistance, signaling a potential bullish reversal. This pattern, known for its bullish nature, often indicates an upcoming shift in momentum from sellers to buyers.
Key Levels & Strategy:
Entry Point: The optimal entry for this trade would be around the 0.001030 area, which coincides with an order block (OB) just below the current price action. This level presents a good opportunity as we expect DOGSUSDT to retest this zone before making its move upwards.
Stop Loss: For risk management, consider placing your stop loss slightly below the OB. There are two scenarios to accommodate different leverage profiles:
High Leverage Traders: Use a stop around 0.001010 to manage the increased risk.
Low Leverage Traders: A more conservative stop should be set around 0.000974 to allow room for volatility.
Take Profits: Scaling out profits is key in volatile markets like DOGSUSDT. Here are the take profit (TP) levels:
TP1: 0.001163, aligning with a strong resistance point.
TP2: 0.001346, marking the next major liquidity zone.
TP3: 0.001659, the upper target where DOGSUSDT could reach if bullish momentum sustains.
Market Sentiment:
The overall market structure has been shifting in favor of the bulls after several CHoCH (Change of Character) moments during the downtrend, hinting that bears are losing strength. The falling wedge breakout further supports the case for an upside movement. In such scenarios, patience is key as we wait for the retest of the OB and the market to confirm bullish momentum.
#DOGS/USDT#DOGS
The price is moving in a descending channel on the 1-hour frame and is sticking to it strongly and is about to break upwards
We have a bounce from the lower limit of the channel at a price of 0.000740
We have a downtrend on the RSI indicator that is about to break, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.000760
First target 0.000818
Second target 0.000872
Third target 0.000946
DOGS/USDT - H&S Pattern Signals a Potential Reversalhello guys.
let's dive into Dogs analysis!
Head and Shoulders Formation:
A classic head-and-shoulders pattern formed at the top of this recent rally, indicating a potential trend reversal.
Broken Ascending Channel:
The price recently broke out of a minor ascending channel, further reinforcing the likelihood of a bearish continuation.
Support Zones:
The price could retest the $0.000740 level before heading lower. The next strong support zone lies around $0.000700, marked by a previous consolidation area.
Descending Channel:
The broader price action shows a descending channel. After the breakdown from the head and shoulders, the price is expected to move towards the lower boundary of this channel.
DOGS price is preparing for growth?The white candlesticks on SEED_ALEXDRAYM_SHORTINTEREST1:DOGS price chart depict the previous fractal movement of the #NOTUSDT price.
For OKX:DOGSUSDT price to repeat this path, it needs to break through the trend line and gain a foothold above $0.00075 in the coming days.
If this condition is met, then the purchase zone of $0.00075 - $0.00081 will be available for several days before the real pump begins.
Follow the development of this idea so as not to miss the chance.
_____________________
Did you like our analysis? Leave a comment, like, and follow to get more
$DOGS Token Burn: Will Deflationary Measures Drive Price Higher?The memecoin space is buzzing with the latest news from Dogs ( SEED_ALEXDRAYM_SHORTINTEREST1:DOGS ) and Notcoin ( GETTEX:NOT ), two projects built on The Open Network (TON). In a move designed to shake up the market, both projects have announced a massive token burn, a deflationary mechanism that is expected to reduce the circulating supply of their tokens and potentially boost their value. On October 9, a total of 4.8 billion SEED_ALEXDRAYM_SHORTINTEREST1:DOGS tokens, worth approximately $3.5 million, were burned, triggering excitement among holders.
But can this significant burn event translate into a long-term price rally for SEED_ALEXDRAYM_SHORTINTEREST1:DOGS ?
The Impact of Token Burns on SEED_ALEXDRAYM_SHORTINTEREST1:DOGS
Token burning is a deflationary practice where tokens are permanently removed from circulation, typically by sending them to a dead wallet. The goal is to reduce supply, thereby creating scarcity that can drive up demand. This is the strategy employed by both DOGS and Notcoin in their recent burn event, aimed at decreasing the token supply to help stabilize prices and encourage a bullish outlook.
- The Burn Event: On October 9, DOGS burned 4.8 billion tokens, accounting for roughly $3.5 million. This is a massive reduction in circulating supply, with the expectation that scarcity will boost the token’s price over time.
- Charitable Contribution: In addition to the burn, the DOGS community has committed to donating 6 billion unclaimed tokens to charity, adding a philanthropic angle to the project. This move not only garners goodwill but also reduces the number of tokens in circulation.
- Market Cap and Current Price: As of this writing, DOGS trades at $0.0007031, with a market capitalization of $363 million. While the token has seen a dip of 6.68% in recent days, the burn event has created anticipation that the reduced supply will eventually stabilize and elevate the price.
- Burns in Memecoin History: Historically, token burns have had mixed effects on price. Memecoins like Shiba Inu (SHIB) and Floki have used similar mechanisms to induce price stability. For example, Shiba Inu saw its price remain stable after a 438% burn rate. Similarly, the Floki DAO burned 15.246 billion FLOKI tokens to spur a bullish reversal. If the same trend holds true for DOGS, the token could experience a resurgence in value once the impact of the burn is fully realized.
Technical Outlook:
From a technical standpoint, SEED_ALEXDRAYM_SHORTINTEREST1:DOGS is presenting signs of a potential bullish reversal, but it still faces volatility in the wake of the burn event.
SEED_ALEXDRAYM_SHORTINTEREST1:DOGS is currently in a falling wedge pattern, a bullish chart pattern that typically signals a reversal. A falling wedge occurs when the price consolidates between two downward-sloping trendlines, and when paired with strong fundamentals, it often leads to a breakout.
One critical aspect hindering DOGS’ breakout is the lack of trading volume. While the burn has created significant buzz, the token requires an influx of volume to thrust it out of the wedge pattern. Volume is essential for pushing prices higher and sustaining momentum, especially when the market is still digesting the impact of the burn.
The next critical level to watch is $0.00119, which represents the one-month high for $DOGS. If SEED_ALEXDRAYM_SHORTINTEREST1:DOGS can break through this level, it could confirm the bullish reversal and potentially set the token on a path toward reclaiming its all-time high (ATH).
While the falling wedge pattern signals a potential upside, investors should note that token burns do not always guarantee a price rally. If the broader market sentiment remains weak, DOGS could struggle to achieve the volume necessary for a breakout.
What Could Trigger a Bullish Rally?
The combination of the token burn and the technical setup creates a compelling case for a bullish reversal, but several factors will determine the strength of DOGS’ rally:
- Increased Volume: For SEED_ALEXDRAYM_SHORTINTEREST1:DOGS to capitalize on the falling wedge pattern and break through resistance, there needs to be a significant increase in trading volume. Without this, the token could remain range-bound, despite the positive fundamentals.
- Positive Market Sentiment: Memecoins often move in tandem with market sentiment. As we’ve seen with other projects, community enthusiasm and media coverage can play a significant role in driving demand. If the broader crypto market rallies or if DOGS gains further media attention, it could trigger a surge in buying interest.
- Sustained Burn Activity: While this initial burn has reduced the circulating supply, the SEED_ALEXDRAYM_SHORTINTEREST1:DOGS team could engage in more frequent burns to maintain scarcity and encourage long-term price appreciation. Regular burns, combined with growing adoption, could form a solid foundation for future growth.
Conclusion: Can SEED_ALEXDRAYM_SHORTINTEREST1:DOGS Follow in the Footsteps of Other Burn Projects?
DOGS’ massive token burn has created a strong deflationary narrative, and the technical outlook suggests that a bullish reversal is possible, especially if the token can overcome key resistance levels. However, a successful rally will depend on increased volume and positive market sentiment.
For now, SEED_ALEXDRAYM_SHORTINTEREST1:DOGS holders will be closely watching the price action around the $0.00119 pivot point, as a breakthrough here could signal the start of a significant upward move. With a strong community backing and deflationary measures in place, SEED_ALEXDRAYM_SHORTINTEREST1:DOGS has the potential to follow in the footsteps of other successful burn projects like Shiba Inu and Floki.
Investors should remain cautious, but optimistic, as the burn’s long-term impact on price stability unfolds.
Bullish on $DOGS1. We have market reacting off the daily fvg high therefore creating a sell program at entry OB-
2. End of sell program ended at the sellside purge therefore leaving the market to spool in a buy program
3. We have strong draws at the Daily FVG high whereby equal highs also reside therefore making the draw stronger
4. H2 OB- Wick has behaved as 'support'
DOGSUSDT Opportunity to buy at SupportDOGSUSDT has experienced a sharp decline, dropping almost 50% from its all-time high (ATH), potentially presenting a discounted buying opportunity. However, recent price action shows it has broken and closed below the key psychological level of 0.001, signaling weakening bullish momentum. The price is now testing the 0.0009 support level, which is crucial as the overall market sentiment remains bearish during this correction phase. There's a likelihood that the price may dip below this level, continuing the downtrend.
The consolidation phase currently seen suggests market indecision, but it could precede further downside before any potential upward movement. A possible scenario is a false breakout below 0.0009, which could trap sellers expecting further declines. If the price quickly rebounds after dipping, it might create a buying opportunity. A reversal could target the resistance zone at 0.0011
DOGS COIN PRICE ANALYSIS AND POSSIBLE TRADE SETUP !!SEED_ALEXDRAYM_SHORTINTEREST1:DOGS Coin Update !!
• According to our yesterday trade setup ideas price manage now to hold its liquidity zone & current structure on 4h, 2h &1h chart look bullish ✅
• if you build trade on SEED_ALEXDRAYM_SHORTINTEREST1:DOGS Coin then you are able set sell targets 0.0007$ -0. 00075$ & start moving SL Toward your entry price 🫡
Jazakallah ❤️
DOGS COIN PRICE ANALYSIS AND POSSIBLE TRADE SETUP !!SEED_ALEXDRAYM_SHORTINTEREST1:DOGS Coin Update & Trade ideas!!
• Currently its price trading now on all time low.. ✅
1st trade idea :
If price drop more and consolidate b/w 0.0065$-0.0062$ then i will look possible trade setup with proper SL.
2nd trade idea :
If price drop more and consolidate b/w 0.0054$$-0.0050$ then i will must add it for longterm in my portfolio ✅
Jazakallah❤️
DOGS/USDT Price Analysis: Potential Reversal at Key Resistancehello guys.
Descending Channel: The price has been consistently trading within a downward-sloping channel, reflecting a bearish trend that has been dominating the market for the past few weeks.
Attempted Breakout: The price is currently testing a breakout from the descending channel, hinting at a potential shift in momentum.
Ascending Channel: An ascending channel is forming.
Key Resistance Level: There’s a strong horizontal resistance zone near $0.00094. This level could act as a barrier to further upward movement.
Support Zone: The $0.00077-$0.00078 region has been tested multiple times, confirming it as a key support area.
Summary:
Price has been following a descending channel, indicating a bearish trend.
A short-term ascending channel has formed, suggesting a potential recovery.
Key resistance at $0.00094.
Support at $0.00077-$0.00078 level.
___________________________
✓✓✓ 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