$DF
Struggles to Hold Above $0.04288 – Is a Rebound on the Horizon?
DF is trading at $0.04288, with a slight gain of 0.09% in the past 24 hours. The token reached a high of $0.04652 but faced significant selling pressure, pulling back to its current level. Support at $0.04030 has held firm so far, but the bearish momentum remains a concern as the RSI at 21.47 signals oversold conditions.
The MACD is firmly in negative territory, reflecting the prevailing downward pressure. If DF can hold above the $0.042 level, a potential rebound could be on the cards, targeting resistance at $0.04652. However, a break below $0.04030 could lead to further declines as sellers gain control.
Traders should watch these levels closely for signs of reversal or continuation of the downtrend. Tight risk management is essential in navigating this volatile phase. #Write2Earn