$DGB

DGB/USD Technical Analysis – 29th November 2024

DigiByte (DGB) is currently trading at 0.01477, positioned at a critical level that could dictate its next price movement. Traders are closely monitoring the interplay between support and resistance, anticipating a potential breakout or pullback.

Key Support: 0.01450

Key Resistance: 0.01500

DGB has shown strong support at 0.01450, a level that has consistently attracted buyers. If this level holds, the price could rebound toward the 0.01500 resistance. A breakout above 0.01500 may trigger bullish momentum, aiming for the next target at 0.01550. However, a failure to maintain support at 0.01450 could lead to a dip toward 0.01400.

Entry Strategy:

Long: Enter near 0.01450, targeting 0.01500 or higher.

Short: Consider short positions if the price breaks below 0.01450, targeting 0.01400.

With DGB/USD trading near critical levels, the market is primed for action. Stay vigilant for signs of a breakout or reversal to capitalize on the opportunities ahead!

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