DOGS Memecoin Price Prediction: Will DOGS Price Go Up?

DOGS Memecoin Price Prediction: Top Trending After Binance Listing

DOGS has been moving within a rising parallel channel since DOGS Listing, but a recent downturn has slowed the rally's pace.

In the last 24 hours, DOGS has seen a decline of over 10%, yet it has climbed to become the 8th largest memecoin, surpassing BOME and POPCAT.

The bulls are working to sustain their momentum, with hopes of achieving a ‘v-shaped’ recovery by the end of the month.

Short-term price movements show that bears have gained substantial control over the rally.

After breaking away from the rising parallel channel, DOGS seems to be trading within a descending parallel channel.

The DOGS price is expected to see a slight pullback to the local support level near $0.00119, which could trigger a recovery.

If the price reaches the resistance level of the descending channel, bulls may regain some strength, potentially driving the price back into the ascending channel and aiming for $0.0016.

This move could allow the bulls to reclaim their dominance, potentially pushing the price to new highs in 2025.

KEY LEVELS :

RESISTANCE LEVEL : $0.002000-$0.003000

SUPPORT LEVEL : $0.001100-$0.000800

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