🐕 DOGS/USDT — local bounce or pause before movement?

Timeframe: 1H

Current price: 0.0000426

Change over 24h: +5.19%

The DOGS market has moved into a phase of correction and consolidation after a sharp impulse to 0.0000496. The price is currently trying to recover after the pullback but is still in the zone of key moving averages.

📊 Indicators:

RSI (14): ~55 — neutral-bullish zone

RSI (6): ~66 — close to local overbought

MACD: at zero, histogram weakening — momentum fading

Stoch RSI: directed upwards — signal for continuation of the bounce

Volume: average, without spikes — movements are still cautious

🧠 Context:

The impulse was speculative, after which the market logically cools down. Currently, DOGS is trading between EMA 21 and EMA 99, indicating a phase of direction selection. Without an increase in volumes, a breakout will be challenging.

💰 Trading plan (main scenario — cautious long):

➡️ Entry: 0.0000415 – 0.0000422

Targets:

1️⃣ 0.0000433 — EMA 99 (+3%)

2️⃣ 0.0000457 — local resistance (+7%)

3️⃣ 0.0000490 – 0.0000496 — high of the impulse (+15%)

⛔️ Stop-loss: below 0.0000395

(breakout — signal to cancel the scenario)

⚠️ Alternative:

Rejection from EMA 99 and return below 0.0000410 → high probability of retesting 0.0000395.

Spot trading 👉$DOGS

Futures 👇

DOGS
DOGSUSDT
0.0000406
+0.99%