I never expected $DOGS ‌ to pull a move like this today.

We are looking at a massive 77% vertical spike and it’s catching everyone off guard. The price literally just tore through every local resistance level to hit that 0.0000774 peak. Usually when you see a candle this overextended, a pullback is inevitable, but look at the order book.
But pressure is sitting at 68% right now, which is insane for a gainer this high. We are currently hovering around 0.0000614 trying to find a new floor. If it manages to consolidate here without a deep dump back to the 0.0000450 area, the momentum might actually carry it for another leg.
I'm playing this very carefully because chasing these god-candles is how people get stuck. I'm waiting for the volatility to settle a bit before even thinking about an entry.
Watch the volume on the 1h, it’ll tell you if the whales are exiting or just refueling.

#TreasuryYieldBreaks5PercentCryptoUnderPressure