Market Overview: DOGS/Tether (DOGSUSDT) 24-Hour Technical Analysis

Generated by AI AgentTradeCipherReviewed byAInvest News Editorial Team
Thursday, Nov 13, 2025 9:34 pm ET2min read
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- DOGSUSDT formed bullish reversal patterns post-midday dip, with 50–70 bps rebound and 3x volume surge confirming buying pressure.

- RSI exited oversold but remains below 50, while Bollinger Band support tests showed diverging volume and failed 61.8% Fibonacci retracement.

- 19:30–20:30 ET saw 500M DOGS traded but failed to break 5.03e-05 resistance, highlighting key bearish divergence and potential 4.76e-05 support test.

- Traders advised to monitor 4.76e-05/4.78e-05 levels; breakdown risks 200-day MA test, while rebound above 4.85e-05 could signal short-term reversal.

Summary
• Price formed a bullish reversal pattern after a midday dip.

strengthened post 19:00 ET with a 50–70 basis point rebound.
• Volume surged 3x in key 19:30–20:30 ET range, confirming buying pressure.
• RSI moved out of oversold territory but remains below overbought levels.
• Price retested Bollinger Band support twice with diverging volume.

DOGS/Tether (DOGSUSDT) opened at 4.88e-05 at 12:00 ET–1, reached a high of 5.06e-05 and a low of 4.72e-05, and closed at 4.73e-05 at 12:00 ET today. Total 24-hour volume was 11.86 billion DOGS, with a notional turnover of $5.63 million.

Price action shows a bearish divergence in the last 24 hours, as the DOGS price dropped to a new intraday low on reduced volume, failing to confirm bullish continuation. The formation of a “hanging man” and a “dark cloud cover” on the 15-minute chart suggests a potential bearish pivot, especially if the 4.76e-05 level fails as support in the near term.

Moving averages on the 15-minute chart show a bearish crossover, with the 20-period line dropping below the 50-period. Daily moving averages (50, 100, 200) remain in a bullish alignment, but recent price action indicates a possible near-term retest of the 200-day MA at 4.90e-05. RSI moved out of the oversold region but remains below 50, indicating neutral to bearish momentum. MACD remains in negative territory with a narrowing histogram, suggesting waning bearish momentum.

Bollinger Bands have widened, reflecting increased volatility. Price currently resides just above the lower band at 4.72e-05, suggesting a potential for a bounce. The recent move has tested the 38.2% Fibonacci retracement level from the high of 5.06e-05, but failed to hold above it, hinting at potential for a deeper 61.8% retracement to 4.78e-05. Volume in the 19:30–20:30 ET window surged to over 500 million DOGS, but failed to push price beyond 5.03e-05, suggesting a key area of resistance.

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Traders should closely monitor the 4.76e-05 and 4.78e-05 levels for potential support. A break below these could trigger a test of the 200-day moving average, while a rebound above 4.85e-05 may signal a short-term reversal. Volatility remains elevated, and traders should consider using tight stop-losses due to the high likelihood of further consolidation or a sharp downward move.

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Backtest Hypothesis
The absence of a pre-calculated “Bullish Engulfing” signal for

necessitates clarification on the correct ticker symbol to ensure accurate analysis. As DOGS appears to be the focus here, a backtest using the 1-day-hold strategy based on the candlestick pattern could be conducted by computing the pattern directly from OHLC data. Once confirmed, this will allow a full backtest from 2022-01-01 to the present, assessing the efficacy of a “Bullish Engulfing” entry followed by a 24-hour exit. The results could inform a more structured approach to capturing short-term bullish reversals in a low-cost token like DOGS.

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