$DOGS / USDT 4H is printing a Reversal Signal Forming
The $DOGS / USDT chart confirms a potential Reversal Signal Forming on the 4-Hour timeframe. Price is currently trading around $0.0000489, showing strong defense near the 0.0000460 area which is acting as a crucial support zone. Although the market is moving within a descending channel on the 1-hour frame, the strong hold at this support suggests the downtrend is losing momentum. Technical indicators show a 'Strong Buy' summary, and a break above the upper boundary of the descending channel is expected to confirm the bullish shift.
Trade Setup (Long)
Entry: 0.0000480 – 0.0000490
Stop-Loss: 0.0000460
Target 1: 0.0000510
Target 2: 0.0000530
Target 3: 0.0000535
This setup is active now. Enter with discipline, manage risk properly, and let the potential trend reversal do the work. Strong follow-through here can lead to a fast upside expansion. $DOGS