$DGB

The chart reflects the $DGB /USDT trading pair on Binance, with the current price at $0.01092, showing an 18.95% increase in the past 24 hours.

Key Metrics:

24h High: $0.01330

24h Low: $0.00910

24h Volume (DGB): 6.34B

24h Volume (USDT): $72.44M

Chart Analysis:

The chart displays a 1-hour timeframe, indicating an earlier spike in price up to $0.01330, followed by a pullback.

The MACD shows weakening momentum, with the MACD line below the signal line, signaling potential bearish divergence in the short term.

The moving averages (yellow line) show the price attempting to stabilize around current levels but facing resistance near $0.01173.

Observations:

A bullish breakout beyond $0.01330 could indicate further upward potential.

Key support lies at $0.00992, and breaking below this may signal a reversal to bearish sentiment.

Traders should monitor volume trends for sustained momentum confirmation.

Caution is advised as the market may consolidate further before deciding on the next trend.

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