$DGB faces rejection at $0.01260, with bearish pressure rising after a failed spike.
- Short trade setup:
- Entry: $0.01180-$0.01190
- Targets: $0.01160, $0.01110, $0.01060
- Stop-loss: $0.01270
- Key levels: Resistance at $0.01260, support at $0.01160 and $0.01110.
- Market insight: High wick and rejection signal exhaustion, with momentum fading, suggesting a short-term reversal.
- Pro tip: Confirm short with break below $0.01170 and volume, and keep a tight stop-loss due to volatility.