DEBRIDGE Breaks Trendline – Is a Major Move Coming?BYBIT:DBRUSDT 12H chart shows a breakout above the descending trendline, indicating a potential shift in market structure. The price is currently facing the nearest resistance zone, which has acted as a key level in previous price actions.
A short-term correction from this level is likely before another major move upward. The major resistance zone above could act as the next target if the price successfully holds above this breakout level
DYOR, NFA
DBRUSDT trade ideas
DBR - Debridge coin on his highs!Here we go!
deBridge is DeFi's internet of liquidity, enabling real-time movement of assets and information across the DeFi landscape. Without the bottlenecks and risks of liquidity pools, deBridge can power all type of cross-chain interactions with deep liquidity, tight spreads, and guaranteed rates.The validation of cross-chain transactions is performed by a network of independent validators who are elected by and work for deBridge governance. Validators maintain the blockchain infrastructure and each run a deBridge node to sign all transactions that pass through deBridge smart contracts on different supported blockchains.
The coin just broke the barrier around 0.0435 leading to his momentum high with a spike volume.
The TA formation is quite fantastic, and we expect to retest the broken area around 0.0435 with a possibile little touch and the skyrocket around our first possible target 0.074$ and the if the volumes will sustain the growth we expect to touch the 0.11$ level.
what do you think?
good trading, and happy holidays :-)
$DBRMight be a wishful thinking. It might take days if it will manifest. Based on FIB extension and also the length of it's going to copy the previous leg down in 4htf, it all pointed to .015. Might be lower depends on the overall market but let's see if this target will manifest first.
Not financial advice
An underrated rocket $DBRThe project has been running for a long time. One of the few projects that bring a good income. Average commission generation per day is ~$20,000. Revenue for all time at the time of writing this review $13,178,759. A small circulating supply of tokens 1,800,000,000 from 10,000,000,000 $DBR. Capitalization at the moment is $47,847,785 At full dilution mcap $265,821,021. Token unlocks are smooth. Couldn't find out what the seed round was priced at. However, the token sale was at a fixed price for all $0.025.
I expect that before fixing profits large holders will want to attract traders' attention and contribute to the growth of the project. Pessimistically I expect around $0.25, Optimistically $0.4-$0.5