DOGS/USDT: Persistent Bearish Momentum with No Bullish Signals
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Consistent Downtrend: Price remains confined within a strong descending channel, repeatedly failing to break above the channel's upper boundary.
No Bullish Signals: There are no signs of bullish divergence or reversal patterns, which suggests that the downtrend is likely to continue in the near term.
Weak Support: Although there’s minor support around 0.0005400 - 0.0005300, the lack of bullish reaction at this level implies weak buyer interest.
Potential for Further Decline: Without any bullish signals, the price is likely to test lower support levels within the channel.
Consistent Downtrend: Price remains confined within a strong descending channel, repeatedly failing to break above the channel's upper boundary.
No Bullish Signals: There are no signs of bullish divergence or reversal patterns, which suggests that the downtrend is likely to continue in the near term.
Weak Support: Although there’s minor support around 0.0005400 - 0.0005300, the lack of bullish reaction at this level implies weak buyer interest.
Potential for Further Decline: Without any bullish signals, the price is likely to test lower support levels within the channel.
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👉 my exchange: bit.ly/LbankMeli
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👉 my Autotarder: bit.ly/btse
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telegram channel: t.me/melikatrader94
forex telegram channel: t.me/melikatrader94GoldForex
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