CandleFocus

WILL DOGS Overcome Its Bears After Hitting All-Time Low? 

The memecoin DOGS on the TON blockchain has experienced a 10.15% decline in its price, now trading at $0.0008492. It hit an all-time low of $0.0008095 earlier today but rebounded by 4.89%. The market cap of DOGS is $440.7 million, and its 24-hour trading volume has surged by 79.39%. The coin is trading below its 50-day moving average, suggesting a short-term bearish trend. It has a high circulating supply, indicating most tokens are already in the market. The next key support level is near $0.000800, while resistance is at $0.000944. The recent volume spike suggests either a trend reversal or heightened volatility. DOGS has gained traction due to advancements in the TON ecosystem, and it saw a 500% increase in holders after an airdrop. Analysts predict a bullish breakout for DOGS with a potential upside to $0.001108.

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