SUNDOG has recently found a local bottom and is now testing the critical resistance at $0.34.
The price has been steadily climbing, and all eyes are on whether it can successfully break this level.
Here's all you need to know:
1️⃣ Ideal Setup
For a solid bullish confirmation, we want to see a clean break above $0.34 followed by a retest, flipping this level from resistance into support.
If SUNDOG can hold that, the next target is $0.38, which is the key level to beat before heading into price discovery mode.
2️⃣ Support Levels
If the price fails to break the $0.34 resistance, we might see a pullback to $0.285, the first significant support on the downside. This level has previously acted as a base, and any retracement could see buyers stepping in here.
3️⃣ Volume Trend
Volume is gradually increasing, showing growing interest in the token’s price action. Ignore the initial massive spike; the steady volume rise is what matters here and supports the idea of a potential breakout.
The price has been steadily climbing, and all eyes are on whether it can successfully break this level.
Here's all you need to know:
1️⃣ Ideal Setup
For a solid bullish confirmation, we want to see a clean break above $0.34 followed by a retest, flipping this level from resistance into support.
If SUNDOG can hold that, the next target is $0.38, which is the key level to beat before heading into price discovery mode.
2️⃣ Support Levels
If the price fails to break the $0.34 resistance, we might see a pullback to $0.285, the first significant support on the downside. This level has previously acted as a base, and any retracement could see buyers stepping in here.
3️⃣ Volume Trend
Volume is gradually increasing, showing growing interest in the token’s price action. Ignore the initial massive spike; the steady volume rise is what matters here and supports the idea of a potential breakout.
I'm Ben. Crypto lover, trader, and coder.
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I'm Ben. Crypto lover, trader, and coder.
Join my free newsletter for insights and the hottest trade setups every weekday!
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Join my free newsletter for insights and the hottest trade setups every weekday!
newsletter.bencrypto23.com
🔥 For exclusive content: newsletter.bencrypto23.com/exclusive
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.