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$DOGS Recently, market funds have been flowing into the clone sector, with TON's volume surge directly driving DOGS, which skyrocketed over 110% in 24 hours, with trading volume multiplying dozens of times, and market sentiment reaching an extreme frenzy.
But frankly, this is a typical case of main players pushing prices up and retail investors following, purely emotional speculation, with no real positive fundamentals backing it.
The capital rotation in the clone coin market is always fast. The recent rally in the TON ecosystem has already exhausted all short-term positive factors, and funds are running out quickly.
Now, DOGS is experiencing high-volume stagnation at a high level, clearly indicating that the main players are pushing up prices while offloading, waiting for retail investors to buy enough, and then they will dump.
Moreover, DOGS itself is a meme coin, its value entirely dependent on sentiment. Currently, RSI is seriously overbought, and the bubble is ready to burst with a slight poke. Plus, as funds in the clone market start to flow out, smart money has already quietly withdrawn, and the next move is a correction.
This is the best time to establish short positions, entering gradually at high levels, setting stop-losses properly, and waiting for the sentiment to subside and prices to fall back.
Don’t be blinded by short-term big gains; follow the rhythm of funds. Shorting at high levels is the safest strategy.