$DGB DGB/USDT Technical Analysis 🚀 | 3 Key Targets 🎯
Looking at the DGB/USDT chart, the price has recently experienced a downward correction. Currently priced at 0.01081 USDT, let's take a closer look at the technical setup and key targets.
🔍 Price Action Overview:
The recent price action shows a 5.26% decrease from the previous high of 0.01170.
Support Level: The price found support around 0.01040 USDT, bouncing back slightly from this low.
📊 Key Technical Indicators:
Relative Strength Index (RSI): The RSI is currently showing neutral levels, indicating a possible sideways consolidation or a reversal at key support.
Moving Averages: The 50-period EMA is currently holding as resistance, with the price struggling to break above it.
Volume: DGB's 24h volume remains healthy, suggesting ongoing market interest.
🎯 Target Levels:
1. Target 1: 0.01110 USDT – Short-term resistance, where we may see a retracement.
2. Target 2: 0.01150 USDT – A stronger resistance level that could act as a confirmation of the price returning to bullish momentum.
3. Target 3: 0.01200 USDT – Long-term target if the bullish trend continues and the market breaks past the previous highs.
📉 Support Zone: Watch for any dips to 0.01040 USDT to see if the support holds for further upward movement.
💡 Conclusion: DGB/USDT could potentially make a bounce if it holds above 0.01040 USDT. If the price breaks the 0.01170 USDT high, we could see further bullish momentum towards 0.01200 USDT.
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