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$DGB /USDT Alert: Surging with Momentum! 🚨
$DGB is currently trading at $0.01141, up 5.45%, after a solid recovery from $0.01025 to its daily high of $0.01146. The price shows strong bullish momentum, but overbought signals warrant caution.
Key Levels to Watch
Resistance:
$0.01150 – Immediate resistance; a breakout could lead to further gains.
$0.01170 – Strong resistance; clearing this level may signal extended bullish momentum.
Support:
$0.01120 – First support; essential to maintain upward momentum.
$0.01090 – Critical support; a breakdown below this level might trigger a pullback.
Trade Setup
Long Entry: Above $0.01150
Targets:
1. $0.01170
2. $0.01190
Stop Loss: Below $0.01120
Short Entry: Below $0.01120
Targets:
1. $0.01090
2. $0.01070
Stop Loss: Above $0.01150
Market Insight
The RSI at 87.44 indicates overbought conditions, suggesting potential for a short-term correction. The MACD confirms bullish momentum with a steady upward trend. A breakout above key resistance could lead to a rally, but profit booking at higher levels may cap gains.
Monitor closely and plan trades with caution.
#DGB #CryptoTrading