CandleFocus

TON Blokchain's $DOGS in Trouble; Chart Rings Bearish Alarms

The DOGS/USDT pair is facing a major test at 0.0007243 USDT, and breaking this level could trigger significant volatility. The resistance level at 0.0009000 USDT suggests a possible bull run, with a potential high of 0.001000 USDT. The token is currently trading around $0.0006886, down by 2.86% in the last 24 hours. Lower trading volume raises concerns about a loss of interest, but some believe it indicates accumulation ahead of a rebound. Near-term predictions speculate a rise of 29.96% in the next 5 days and 226.24% in the next 30 days. However, analysts predict a fall that could negate bullish projections. The decline in DOGS has affected the Toncoin ecosystem, with investors considering alternatives like Rollblock. Market sentiment and utility will continue to impact the DOGS/USDT pair.

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