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DOGSUSDT

$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.
Long
by MadeByAK
2
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.
Short
by melikatrader94
6
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
by P_S_trade
7
$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.
Long
by DEXWireNews
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
Long
by RTED_Investing
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
Long
by melikatrader94
15
Telegram Games==>Share your experiencesToday, I want to talk about Telegram programs or games that are added to their number daily, and share my experiences from these programs or games with you. I would be happy if you share your opinion or experience with me. First, the purpose of these programs/games is to introduce the project and their tokens to the users, and for this purpose, they give their own tokens to the users in the form of Airdrop. Now, let's see what Airdrop means. What is the Airdrop!? An airdrop in crypto is when a project distributes free tokens or coins to users' wallets, often as a marketing strategy to promote the project or reward existing holders. Users may receive these tokens by holding a specific cryptocurrency or completing simple tasks. First, I must say that what has been proven to me in the cryptocurrency market is that the crypto market has had seasons over the years, such as NFT, Metaverse, Memes, Defi, etc. This means that in these seasons, the tokens of each season have increased and received a good reception, and always the first ones in each season gave a good reception and profit to the users, and with the passage of time, their reception decreased, and then it was the turn of scam projects in It has been every season. I gave these explanations to say that I think we are in the middle or end of Telegram's program/games season. The season began with the BINANCE:NOTUSDT was obtained by tapping to earn and introducing friends. In the Notcoin project, users received good profits. After the BINANCE:NOTUSDT project, the Hamster game , which is supposed to be listed on September 26 in various exchanges (perhaps the price of each $HMSTR token is equal to $0.01 ), was well received by Telegram users. If the Hamster game is listed at a price of $0.01 in various exchanges, it will disappoint many users because there are few users who have more than 10,000 $HMSTR tokens, and it could be a sign of the end of the season of Telegram programs/games. How many $HMSTR tokens did you get in Hamster!? In the coming days, tokens of other games are going to be listed in different exchanges, for example, today the game Rocky Rabbit with GATEIO:RBTCUSDT token was listed in different exchanges, which disappointed all its users. Now I decided to share my personal experiences with you from some of the trending Telegram games. Catizen : Catizen game with BINANCE:CATIUSDT token was listed on 2024 September 20 in various exchanges. Catizen game was the most famous game that was listed in different exchanges after Notcoin, although those who spent money in the game were awarded a good number of tokens, but those who played the game for more than 5 months were awarded a small number of OTC:CATI tokens. which brought the dissatisfaction of the users of this game. In terms of entertainment, the Catizen game seemed to be boring and time-consuming. -------------------------------------------------------------------------- Rocky Rabbit : Rocky Rabbit game with OTC:RBTC token is listed in different exchanges today and according to the number of tokens given to users according to the time they spent in the game, it really disappointed its users. In terms of the game space, the game is very time-consuming, the interesting point of this game was that you had to give 0.5 TON to the game to withdraw your tokens, otherwise 45% of your RBTC tokens would be burned and according to the number of tokens that Users are credited and the price of RBTC token, Rocky Rabbit game is like a scam project in my opinion. -------------------------------------------------------------------------- MemeFi Coin : Memefi Coin game, which is going to be listed in various exchanges on October 9, 2024. The gameplay of Memefi Coin is so boring that you have to go through 15 levels. This game has also recently activated in-game payment and you can spend the work of someone who spent several months to go through different levels by paying 23 dollars in one day. I think this game is only looking for income in the last few days. -------------------------------------------------------------------------- There are many games, and if I try to analyze them all for you, you might get tired; let's go to the conclusion. My analysis of Telegram games is that with the listing of the Hamster game token, we are approaching the end of the season of Telegram games and these games are very weak in terms of entertainment and only take the time of the users and the main winners are the game creators because according to When you play, you will definitely have a low reception, so I advise you to only look at these games as entertainment, although in terms of entertainment, I think these games are of low quality. And if the Telegram game token is listed, it is better to sell it immediately, because with the passage of time, the price of these tokens will decrease at least for a short period of time, because the users received free tokens and were waiting for the sale of these tokens for several months, and for sure, the selling pressure will be high. Also, be careful of SCAM programs/games because surely SCAM games will increase as these games become a trend. In my opinion, the best game that didn't take much time was BINANCE:DOGSUSDT , do you agree with me? I would be happy to share your opinion and experiences about Telegram programs and games with me in the comments!? Is there a Telegram game or program that you think has a good future!? If you can analyze every game below this post like me, this post can be a source for these games. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks
Education
by pejman_zwin
13
DOGS ShortDOGSUSDT is currently trading within a descending channel, indicating a bearish trend. This pattern suggests that the asset is experiencing downward momentum, with lower highs and lower lows. A break below the channel support could signal further downside potential. We should monitor key support levels for possible continuation of this bearish bias. It could rise for short term but there is resistance at 0.001170 that would push it down. Stop loss 4 hour close above 0.0013 would invalidate this idea. 📉 #DOGSUSDT #Crypto #Bearish"
Short
by cuteMoth17140
7