DGB/USDT Overview💵💲🎯
Current Price: $0.01575, up by +34.85% in the last 24 hours.
24h High: $0.01798
24h Low: $0.01167
24h Trading Volume:💸
DGB Volume: 6.45 billion
USDT Volume: 99.68 million
Key Indicators:
Moving Averages:💥
MA(7): $0.01615
MA(25): $0.01503
MA(99): $0.01199
Price Action:💰
Resistance: The 24h high at $0.01798 is the key resistance level, which if broken, could lead to further upside.
Support: The MA(7) at $0.01615 and MA(25) at $0.01503 serve as short-term support levels. If the price drops below these, the next support is around $0.01199.
Volume and Depth:🤑
24h Volume (DGB): 6.45 billion, indicating strong market activity.
Depth: A high trading volume with a significant rise in price suggests strong bullish momentum, but traders should watch for any volume decrease which could signal a potential retracement.
Strategy:💲
Bullish View: A breakout above the $0.01798 resistance could lead to continued upward momentum. Traders can look for confirmation with increasing volume.
Bearish View: If the price retraces below $0.01615, it may test the support at $0.01503 and potentially revert to $0.01199 if the selling pressure increases.
Conclusion:🛑
DGB/USDT is showing a strong price increase of +34.85% over the last 24 hours, driven by high trading volume. The key resistance at $0.01798 will determine whether the bullish momentum continues, while support at $0.01615 and $0.01503 can provide entry points for those looking for pullbacks.
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