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$DOGS /USDT Technical Alert: +23% Surge — Is the Reversal Real?
Market Context:
After facing recent headwinds, DOGS has staged an impressive recovery, surging over 23% to trade near 0.0000500 USDT. This move highlights the resilience of the TON-based community, which remains one of the largest in crypto with over 50M active users.
Chart Analysis (15m Timeframe):
• Momentum Shift: The price has decisively broken above the key Moving Average cluster (MA7, MA25, MA99), confirming a short-term trend reversal.
• Volume Confirmation: The rally is supported by a noticeable spike in buy volume, indicating genuine demand rather than a low-liquidity wick.
• Order Book: Buy orders currently dominate (75%), suggesting strong support at lower levels.
Trading Setup:
• Bull Case: A 15-minute candle close above 0.0000505 confirms a continuation toward the 0.0000525 resistance.
• Bear Case: Losing the MA(7) at 0.0000484 could trigger a retest of the breakout zone.
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