Technical Analysis for $DGB

/USDT

Current Price: 0.01130 USDT🔥💯

Trend: Bullish (Up 5.31% in the last 24 hours)

Support and Resistance Levels:

Support: 0.01031 USDT (24h Low)

Resistance: 0.01137 USDT (Near-term resistance)

Indicators:

Relative Strength Index (RSI): Neutral to mildly overbought (suggests some caution with buying at higher levels).

Moving Averages: Short-term moving averages are above longer-term ones, signaling upward momentum.

Trade Momentum:

Bullish: The price has shown upward movement and strong volume, signaling bullish momentum. However, a pullback may occur at resistance levels.

Volume: There is good volume behind the upward movement, supporting the current price trend.

Trade Signal:

Buy if the price pulls back near the support level (0.01031) or breaks above resistance (0.01137).

Sell if the price faces strong resistance or reversal at the target levels below.

Target Levels:

1. Target 1: 0.01170 USDT (Intermediate resistance, conservative goal).

2. Target 2: 0.01194 USDT (Next significant resistance).

3. Target 3: 0.01220 USDT (Potential higher target, longer-term goal with strong momentum.

Stop Loss:

Place below 0.01031 USDT (a break below support would signal a bearish reversal).

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