The DGB/USDT pair on Binance is currently in a strong uptrend, as seen in the 1-hour chart. The price has surged, breaking key resistance levels and reaching 0.01078 USDT. The Fibonacci retracement levels suggest potential support at 0.618 (0.00975) and 0.5 (0.00999), which could act as buy zones if a pullback occurs. Additionally, the Relative Strength Index (RSI) is at 77.69, indicating overbought conditions, which might lead to short-term consolidation or correction. Traders should watch for volume confirmations and consider setting a trailing stop-loss to lock in profits while monitoring potential retracement levels.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.