The Sundog worth jumped 77% within the final 24 hours to commerce at $0.07939 as of 12:30 a.m. EST on a 21% drop in buying and selling quantity to $29 million.

The latest SUNDOG worth surge adopted the launch of SunPump, a brand new platform developed after Solar.io partnered with Tron founder Justin Solar.

SunPump is ready to compete with pump.enjoyable, the favored platform on Solana, which just lately noticed transaction charges attain a document $5.3 million in simply 24 hours.

Sundog Value Evaluation: Bullish Pattern Faces Potential Quick-Time period Pullback Inside The Bearish Channel

Over the weekend, the SUNDOG/USD pair touched the decrease boundary at $0.04794. The pair is transferring inside a longtime bullish channel, as seen on the 30-minute candlestick chart.

The worth, now round 0.07757, stays above the 50-period easy transferring common (SMA), reflecting ongoing bullish momentum.

Moreover, the 200-period SMA stays under the present worth, reinforcing this optimistic pattern.

SUNDOG/USD Evaluation Supply: Dextools.io

The Relative Power Index (RSI) stands at 45.76, suggesting that the market is in a impartial zone—neither overbought nor oversold.

This impartial place permits for potential motion in both course, although with the RSI nearer to the oversold territory, there is perhaps room for a rebound if the value finds help, pushing it again to the 70 overbought areas.

Nonetheless, the Shifting Common Convergence Divergence (MACD) indicator exhibits a bearish crossover, the place the MACD line has dipped under the sign line.

This growth hints at a potential short-term pullback or consolidation section, even because the pattern continues to lean bullish.

Sundog Value Doubtless To Proceed Upward

The worth will probably preserve climbing inside the bullish channel, given the present market circumstances. The following main resistance is close to the higher fringe of the channel, round 0.10.

If the value breaks above this with sturdy buying and selling quantity, it may open the door to additional features, doubtlessly reaching the 0.1213 goal indicated by the “Take Revenue” stage on the chart.

Nonetheless, merchants ought to keep cautious as a consequence of latest bearish alerts from the MACD. It’s important to control the channel’s decrease boundary, which acts as a key help stage.

If the value drops under this help, the bullish pattern could possibly be reversed to the $0.04662 help stage, prompting a reevaluation of market circumstances.

Base Dawgz Presale Heads For $3 Million – Subsequent Meme Coin To Explode?

As Sundog worth bulls gear up for a rally over the bullish channel, extra buyers are flocking to purchase new Base meme token Base Dawg (DAWGZ), which has blasted previous $2.95 million in early presale funding.

Whereas it primarily operates on the Base blockchain, Base Dawgz presents a singular multi-chain expertise with seamless interoperability throughout Ethereum, Solana, Binance Good Chain, and AVAX.

Regardless of the playful nature of meme cash, Base Dawgz is aiming excessive—figuratively reaching for the moon reasonably than simply the bottom.

To facilitate simple transactions throughout completely different blockchains, Base Dawgz makes use of cutting-edge Web3 applied sciences corresponding to Wormhole and Portal Bridge, enabling customers to work together effortlessly throughout varied blockchain ecosystems with unparalleled multi-chain performance.

The undertaking additionally presents staking rewards, with 20% of the token provide reserved for staking functions. In case you stake your tokens, you possibly can earn an 828% annual yield.

Moreover, Base Dawgz is launching a “Be Social for Airdrop” marketing campaign, the place customers can earn factors by participating on social media platforms like X, which may later be redeemed for $DAWGZ tokens.

ClayBro, a crypto analyst on YouTube with over 45K subscribers, has highlighted $DAWGZ’s potential, suggesting it may surge 36X upon its launch.

If you wish to be a part of the presale, DAWGZ tokens can be found for $0.007784.

Act rapidly, although, as the value will enhance in lower than 23 hours. You should buy DAWGZ tokens right here utilizing ETH, USDT, BUSD, or USDC.

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