DOGS/USDT: Price Corrections After Extended Downtrend Greetings, traders,
The 🐶 DOGS/USDT chart reveals an interesting pattern after a two-month downtrend. We're now seeing short-term price corrections forming across multiple timeframes.
These corrections are consistently reaching the 0.50 and 0.618 Fibonacci retracement levels, as well as the 50-period moving average on each respective timeframe.
Based on this observation, I've identified a potential entry point for a short position at the upper range of $0.002550.
My entry and exit points are clearly marked on the chart for your reference.
Profitable trades to all!
