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#DOGSUSDT — Is this a false move ahead of a liquidity influx? 👀📊
The price of #DOGS has been moving sideways for nearly two months, with support ranging between $0.0000423 and $0.0000542, indicating a balance of buying and selling pressure.
The price dipped briefly but did not continue downward, likely due to a liquidity flow below the support level 🧹.
If this movement turns out to be just another false move, $DOGS may retest the resistance level, provided that the price first recovers the support level.
Momentum indicators:
Relative Strength Index shows bullish divergence ✅
MACD indicator signals a golden cross, trending upward 📈
$DOGS