DOGS/USDT — Capitulation Zone. Is the Breakout Coming?

The price has been moving sideways for several months, forming a classic low-volatility summer channel.

🔹 Primary trend: still bearish — price remains inside a descending channel
🔹 Volume: mostly low, but occasional spikes near support may signal hidden accumulation
🔹 Formation: a triangle is forming near the top of the channel — false breakouts or wicks are likely
🔹 Sentiment: this is a classic capitulation zone — where most traders give up, exit positions, and lose conviction

📉 When everyone thinks it's dead — that's often where major bottoms are built. This is the time to stick to your risk strategy and position sizing, not emotions.

🐕 DOGS — key reasons to watch:
• Twitter community: 3.4M followers — huge potential for renewed interest
• If memecoins return to trend — moves could be fast and aggressive

📌 Watch closely for a breakout from the triangle — it could define direction for weeks ahead