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DOGS / TetherUS PERPETUAL CONTRACT

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DOGSUSDT.P trade ideas

DOGS Continues to Surge & Enters the Top 10 Memecoins – what's nDogs, the newly launched memecoin on the TON blockchain, has gained huge popularity after its launch in July. The token mainly targets Telegram users and hence, when the founder was arrested, it was expected to harm the market participants. Moreover, soon after the arrest, the Toncoin (TON) price dropped by 20%, which strengthened the speculations of the DOGS price losing the bullish momentum. However, with the latest update on the CEO of Telegram, Pavel Durov, DOGS price has revived with a decent ascending trend. The hourly chart of DOGS suggests there is still more room for the bulls to thrive as the technicals remain in their favour regardless of the interim bearish actions. The stochRSI is about to surpass the upper threshold while the MACD displays a drop in the selling pressure. Therefore, with the inception of a fresh buying volume, the DOGS price is expected to rise above the average zone of the rising parallel channel. With this, the price is likely to rise by over 12% and test the upper resistance of the channel above $0.0017. Here, the bulls are expected to demonstrate significant strength, which may help the new memecoin breach the levels. However, the bearish interference may hinder the progress of the rally but it may remain for a short while as a rise beyond $0.02 appears to be imminent in the first few days of September 2024.
Long
by paul_endeo
1
DOGS Analysis - What Shall we Expect !!!BINANCE:DOGSUSDT As you can see, after the wedge breaks, the price can drop to the bottom of the channel and complete the downward wave (ABC) and then increase. ✨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
6
$DOGS Trade Idea - Potential Long SetupThis chart highlights a long setup for DOGSUSDT, a high-potential meme coin that is currently experiencing high trading volume with limited supply on the exchange. Entry Point: Look to enter a long position around the support levels of 0.0012665 or 0.0013372. These are key zones where the price might stabilize before continuing its upward momentum. Key Strategy: Patience pays. The market may test these levels before moving higher, so it's essential to wait for the right moment to enter. Remember, the real money in trading isn't made by constantly buying and selling, but by sitting and waiting for the perfect opportunity. "Pay the price" by being patient. Success in trading comes from knowing when to act and, more importantly, when to wait. Target Area: With the current strong volume and low supply on the exchange, this setup suggests the potential for significant gains. Consider holding this position as the market conditions are highly favorable for a move back towards or beyond the recent highs near 0.0018000. This is a high-conviction trade setup. In the world of meme coins, patience and timing are everything. The market conditions are primed for a move, but the key is to wait for the market to come to you
Long
by beRich69
Dogs / Usdt BINANCE:DOGSUSDT Here's a summary of the key price levels and potential movements for the asset "Dogs" based on your information: ### Current Price and Analysis: - **Current Price:** $0.0014390 - **Support Zone:** $0.001344 - **Resistance Level:** $0.0015543 - **Next Support Level (if breached):** $0.0011434 ### Key Points: 1. **Support Zone Analysis:** - **Current Price vs. Support:** The price has bounced from the $0.001344 support level. If the price holds above this support, it suggests that buying interest is strong and the price could potentially rise. 2. **Resistance Level:** - **Next Resistance:** $0.0015543. If the price moves up from the support level and reaches this resistance, it might face selling pressure. Watch this level for potential signs of reversal or continuation. 3. **If Support Fails:** - **Next Support Level:** $0.0011434. If the price falls below the current support level of $0.001344, the next significant support to watch is at $0.0011434. This level could provide another chance for the price to stabilize or reverse direction. ### Summary: - **If the price holds above $0.001344:** Look for potential upward movement towards the resistance level at $0.0015543. - **If the price falls below $0.001344:** Monitor the next support level at $0.0011434 for possible stabilization or further declines. Disclaimer : I am not Financial Adviser
by Wolftrader1337
2
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.
by paul_endeo