DGB/USDT: The uptrend resumes after a period of correction, but caution is needed with the nearby resistance zone.

Detailed Analysis:

Current price: 0.01207, up 4.32% in the past 24 hours.

Recent volatility: The price hit a low of 0.01143 and is in a recovery trend towards the 0.01223 area.

Resistance: 0.01230, followed by 0.01250.

Support: 0.01180 and 0.01143.

RSI: Reached 58.29, indicating that upward momentum is forming but is not overbought yet.

MACD: Maintains a slight positive signal, suggesting the market may continue to rise slightly in the short term.

Trading Strategy:

Entry point: 0.01200 if the price holds above support 0.01180.

Take profit target: 0.01230 and further at 0.01250.

Stop loss: 0.01170 to limit risks in case of a reversal.

Assessment: If the price breaks through resistance at 0.01230 with high volume, the likelihood of reaching the 0.01250 area is very high. However, technical indicators should be closely monitored to adjust the strategy as needed.

#DGB #TechnicalAnalysis #Crypto