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Summary
• DOGS/Tether rose to $0.000052 before consolidating near $0.0000503.
• Volume surged in the early hours, with momentum slowing in afternoon ET.
• Key support appears at $0.0000493, with RSI near neutral territory.
DOGS/Tether (DOGSUSDT) opened at $0.0000489 on 2025-12-07 12:00 ET, reached a high of $0.000052, and closed at $0.0000503 on 2025-12-08 12:00 ET, with a low of $0.0000490. The total 24-hour volume was 19.6 billion DOGS, and turnover (notional volume) amounted to ~$980 million.
Structure & Formations
The 5-minute chart shows a bullish impulse wave from $0.000049 to $0.000052 followed by consolidation. A potential bullish engulfing pattern formed during the 18:45–19:00 ET rally, but it failed to hold above $0.000052. Key support appears at $0.0000493, with a bearish hammer forming around 22:15 ET indicating rejection.
Moving Averages
The 20-period and 50-period moving averages on the 5-minute chart crossed into bullish territory in the morning, but the 50-period MA has since dipped below the 20-period, signaling weakening momentum. Daily 50/200-period MAs remain neutral.
MACD & RSI
MACD showed a bullish divergence in the early hours but has since flattened. RSI is hovering around 50, suggesting balanced pressure between bulls and bears. No clear overbought or oversold signals emerged.
**

Bollinger Bands
Volatility expanded during the morning surge but has since contracted. Price has been hovering near the mid-Bollinger line since 22:00 ET, suggesting range-bound action.
Volume & Turnover
Volume spiked sharply during the 18:45–19:00 ET rally but faded in the late hours. Turnover mirrored the volume pattern, showing no signs of divergence with price.
Fibonacci Retracements
A key 61.8% retracement level at $0.0000503 coincided with the 24-hour close, suggesting a potential short-term pivot. The 38.2% retracement at $0.0000496 may offer near-term support if the trend reverses.
DOGS/Tether appears poised for a potential test of $0.000052 in the next 24 hours should bullish momentum return. However, bearish pressure remains evident near $0.0000493, with a risk of a pullback if volume fails to confirm another rally.
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