ERIC 張 🧡$DOG 💜KRAKEN

What's up, $DOG Army! As I mentioned in my previous posts, I was expecting a correction in $DOG to allow momentum indicators like the RSI and Stochastic RSI to reset before a potential new bullish move. This is the kind of price action I look for during a healthy bull run: strong, explosive rallies followed by slow, gradual corrections, often characterized by sideways consolidation around key support zones. Now, let's look at the 5-day chart. $DOG surged over 100% in just 2 candles (10 days), while the subsequent correction has already lasted 15 candles (75 days). 10 days of explosive upside vs. 75 days of gradual correction. That's an interesting contrast and potentially a constructive sign for the broader bullish structure. I initially expected $DOG to hold above the 50-week SMA or the Bull Market Support Band. However, price dipped slightly below those support levels. One possible contributing factor was the reported Mercado Bitcoin exchange hack in Brazil, which may have added selling pressure involving approximately 300 million $DOG. The extent of any actual market selling still needs confirmation. Here's what I'm watching now: The 5-day Stochastic RSI is approaching a potential bullish crossover. In previous instances, similar signals have either preceded strong upward price movements or marked the end of bearish momentum, followed by a period of accumulation before the next rally. With that in mind, I'm planning my next DCA entries around this price region while watching for signs of a broader market recovery. A bullish crossover alone doesn't guarantee a reversal, but combined with the prolonged correction and the current price structure, it makes this an interesting setup to monitor. Strong rallies. Slow corrections. Momentum resets. That's the kind of structure I want to see if $DOG is going to develop a sustainable bullish trend. Stay strong, $DOG Army! Not financial advice. Follow @plankton_cripto for more $DOG and #BTC technical analysis. @LeonidasNFT @dogdamassa @DOGBTC_TartSwap @DogArmyHispano #DOG #Bitcoin #Solana #Crypto #DCA #TechnicalAnalysis