DOGS / TetherUS
Short

DOGS/USDT: Persistent Bearish Momentum with No Bullish Signals

hello guys.

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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