Why bearish DOGS can be poised for breakout
DOGS price is facing massive bearishness, but the bulls are constantly trying to raise the momentum. After rising from the lows, the price is maintaining a consolidated ascending trend within a symmetrical triangle, which could result in a breakout soon.
The volume has been plunging consistently, suggesting the bears are extracting the profit, which may soon get exhausted. The market sentiments are expected to flip in the coming days, which could revamp a strong ascending trend and break from a decisive phase towards the north. With this, the DOGS price is expected to rise above $0.00081 and, after securing the above newly formed support, the token could head towards $0.001 soon.
The volume has been plunging consistently, suggesting the bears are extracting the profit, which may soon get exhausted. The market sentiments are expected to flip in the coming days, which could revamp a strong ascending trend and break from a decisive phase towards the north. With this, the DOGS price is expected to rise above $0.00081 and, after securing the above newly formed support, the token could head towards $0.001 soon.
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