DOGS FALLS -3.14%: The Bear's Grip Tightens 🐻
The sell-off deepens. DOGS slips to 0.0000278 ($0.0077), marking a -3.14% drop as bears continue their relentless drive. It's now trading right at the Mark Price of 0.0000278, precariously close to the 24h low of 0.0000274, with today’s high a distant memory at 0.0000288.
📊 Trading Frenzy in the Red:
· 24h Volume: A staggering 36.04B DOGS exchanged, valued at $1.01M USDT, signaling high volatility and capitulation.
· Moving Averages: A full bearish alignment. Price sits under the MA(7) at 0.0000286, the MA(25) at 0.0000288, and the long-term MA(99) at 0.0000294. Every bounce is being sold.
📉 The Bleeding Timeline:
· Weekly: Down -6.40%
· Monthly: Slashed -38.36%
· 90 Days: Cratered -42.56%
· 6 Months: Devastated -79.39%
· 1 Year: Annihilated -84.60%
The Order Book reveals overwhelming fear: Sellers dominate at 65.10%, crushing buyer presence at just 34.90%. The depth chart shows a thin ledge of support near the lows.
Bottom Line: This isn't a correction; it's a full-scale rout. With yearly losses nearing total erosion and sellers in firm control, DOGS is searching for a bottom in a market with no mercy. Will this level hold, or is another leg down imminent? 🚨
#DOGS #CRYPTO #BEARMARKET #TRADING #ALTSEASONOVER $BNB

