Dogs Looks CrazyIn my opinion whales are accumulating Dogs Token.
Not much Data on Price Chart But ?????????
DO YOUR OWN RESEARCH & TRADE WISELY NEVER RELY ON MY OPINIONS
DOGSUSDT.P trade ideas
DOGS memecoin plummets by 23.77%: what's next?DOGS memecoin made a strong entry into the crypto market after a long-anticipated listings on Binance (BNB) and WhiteBIT (WBT) on the 26th of August 2024.
The launch became a social buzz, especially as the launch timing coincided with International Dog Day.
With this favorability, the memecoin was well-positioned to create a strong user base. However, the market did not respond as expected, as prices have expressed a sharp decline.
The listings were anticipated to boost trading activity, and demand, and drive prices up through buying pressure.
However, at press time, the Ton-based meme coin was trading at $0.00122 after a 19.80% decline over the past 24 hours.
Since its launch, DOGS declined by 23.77%. This marked a strong downward trajectory against market predictions. Before the official launch, the memecoin was predicted to surge to $0.002.
Thus, a decline to $0.00129 has left the market worried over future prospects.
Usually, memecoins surge immediately after launch, thus, this launch defied the most common market trend. This showed investor’s lack of confidence in the memecoin’s potential.
Also, according to Coinglass, DOGS has experienced $6.92 million in total liquidation since the launch. Long position liquidation has hit $3.55 million, while short position liquidation hit $3.37 million.
Such high levels of liquidation for short and longs show investors’ lack of confidence, fear, and market uncertainty, which is a bearish market sentiment.
If the current market condition holds, DOGS may plummet further to a pre-listing value of around $0.0005416. But a reversal will drive the meme-coin to its significant resistance level of $0.0018.
However, as the memecoin sets foot, all eyes are set to determine how it navigates the market.
Dogs on the way upHey! I hope everyone is doing well.
The chart shows a big uptrend.
Entry and exit points are well marked so Do not miss the opportunity.
au revoire
Ready For Some DOGS Movement?? Breakout is close!Considering the consolidation and the negative news around TON ecosystem, you might go for a Short Scenario. But if you consider a good resolution happenning on durov's detention, then this might be the best DOGS long scenario!
Entry: 0.01245
TP: 0.001507
SL: 0.001226
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I'm new to trading and this is not an investment advice!
I also must note that I am Almost ALWAYS Wrong!
Dogsusd bullish ?Dogsusdt forming the descending traingle breakout of this pattern could pump the price of dogs and important thing to see is after the breakout it could create H-H or not if not then post probably it can dump.
TP is not given because it have the potential to do 5x from present price
DYOR!!
HOPE YOU FIND THIS INFORMATIVE,
DO LIKE AND FOLLOW FOR MORE SUCH UPDATE 🙂
#Dogs price will sky rock soonI'm smelling something big, Don't be greed and Don't Rush.
Do your Own Research and trade wisely Don't rely on my opinion.
Another 30% Drop for DOGS? There's not much data to say that the channel is formed yet, but if I wanted to put my money right now, It would've been on a short position.
Pay attention that the timeframe is pretty short term too.
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I'm new to trading and this is not an investment advice!
I also must note that I am Almost ALWAYS Wrong!
Dogs Of course that its gonna drop because many people are going to sell as soon as possible but what happens after that , is technically drawed in the chart , dont forget money management
DOGS/USDTBIG PUMP COMING because its pre listing in exchanges (CEX) . DOGS project is the best in Telegram and World . RSI Daily is dip . atleast more than 10x coming .
It might happen! maybeThere is not much information about the chart and there are not enough candles formed. So it's just a guess !
