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DOGSUSDT trade ideas

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
6
$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
Telegram's DOGS suffering right nowRegarding this potential, Juan Pellicer, Senior Researcher at IntoTheBlock, mentions that the meme coin could face challenges. Speaking to BeInCrypto, Pellicer says the airdrop has affected DOGS dynamics. “In contrast to TON’s growing usage, the DOGS token has faced challenges despite initial hype from its popular airdrop. Currently, 61% of the 4.13 million SEED_ALEXDRAYM_SHORTINTEREST1:DOGS holders are at a loss relative to when they received their tokens. This suggests that the market’s initial enthusiasm has waned,” Pellicer said.
by blackriver85
A deaf and blind autumnAccording to the strategy found, the depth of destruction of dogs by sellers could challenge this symbol until the beginning of Christmas and the new year and bring the supply price recovery to the range of 2025. I hope this assessment is wrong, but one promising issue can be seen, and that is that the lower targets are not touched at all, because the desire to sell has decreased greatly and the short range is very risky. I have 2.2 billion tokens now and will continue to buy. Now the average price of my entry is 76. I recommend that you reduce your average entry price in this range and wait for the profit zone. This is an opportunity
by jiimsmith1999
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
DOGSUSDT: Falling wedge Support, resistance & price prediction!!Join our community and start your crypto journey today for: In-depth market analysis Accurate trade setups Early access to trending altcoins Life-changing profit potential Let's analyse DOGSUSDT both fundamentally and technically. FUNDAMENTAL ANALYSIS: The Dogs Community is a lively, community-focused initiative built on the TON Blockchain. It aims to tap into Telegram's extensive user base and its native meme culture. Centered around a beloved dog mascot created by Telegram's founder, this project seeks to introduce millions to blockchain technology through tokenized stickers, promoting a fun and engaging ecosystem that emphasizes community ownership and equitable rewards distribution. TECHNICAL ANALYSIS: DOGS is currently trading within a falling wedge pattern, indicating a potential bearish trend. The price has consistently declined, breaching multiple support levels. The recent Bitcoin (BTC) price drop further fuelled this downward movement, pushing DOGS below its current support level of $0.0008105. Two potential scenarios have been identified: Rebound and Breakout: If the price rebounds from the lower support level of $0.0006977 and breaks above the falling wedge, it could signal a bullish reversal. Further Decline: If the price continues to fall below the $0.0006977 support level, it may further decline towards the lower support level of $0.0005587. A potential rebound could occur at this level. For DOGS to exhibit bullish momentum, it must break above the current resistance of $0.0008105. Support Levels: $0.0006977 $0.0005587 Resistance Levels: $0.0008105 $0.0009235 If you find this analysis helpful, please hit the like button to support my content! Share your thoughts in the comments and feel free to request any specific chart analysis you’d like to see. Happy Trading!!
by persis10t
1
DOGS Token: A Promising Portfolio Contender 🚀 SEED_ALEXDRAYM_SHORTINTEREST1:DOGS Token: One of the most promising contenders for significant growth! 🚀 This project has a loyal community, and among all similar tokens, it has been the fastest release due to its ultra-simple steps. Considering the current development of DOGS Token, I believe it’s worth considering for your portfolio. 🦮 DOGS Token: Strength in the community 🦮 DOGS has made a name for itself in the space of community-focused cryptocurrencies. 81.5% of its supply is dedicated to community support, with 73% allocated for rewards on Telegram, attracting significant attention. 💡 Price predictions for 2025 range between $0.001024 and $0.004831, potentially leading to a 300%+ increase. I don’t expect a 20x return from this project. It’s more suited for those looking to make 200% and move on. 🔎 I’m also working on an accumulation and pump model to make it easier to find a good entry point. Stay tuned!
by CHOWTRADE
Honestly, I don't feel like explaining, the chart says it all !!As you can see, if the price can maintain the support line, the price can rise, and if it cannot maintain the support line, the price can fall to the bottom of the megaphone after breaking this line. ✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad. _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
2
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