โ ๏ธ $DGB /USDT โ Oversold Breakdown or Bounce Setup? ๐
#DigiByte ($DGB ) is under pressure, down -4.41% in 24h, now trading at $0.01018. RSI is flashing extreme oversold and price is nearing long-term support. Is this a dip worth buying or a deeper leg down? ๐ง
๐ Market Overview
๐ Current Price: $0.01018
๐ 24h High: $0.01121
โ๏ธ 24h Low: $0.01015
๐ Volume:
DGB: 99.98M
USDT: 1.08M
๐ Moving Averages:
MA(7): $0.01078
MA(25): $0.01082
MA(99): $0.01035
๐ RSI (6): 18.40 (Oversold โ near bounce zone)
๐ MACD: Bearish, but a potential slowdown in momentum
๐ DGB Trade Setup โ Key Levels to Watch
๐น Bullish Scenario (If DGB holds above $0.01000 and breaks back above $0.01040):
Entry: Above $0.01040
Targets: $0.01075, $0.01100, $0.01125
Stop-Loss: $0.00990
๐น Bearish Scenario (If DGB breaks $0.01000 with volume):
Entry: Below $0.01000
Targets: $0.00975, $0.00950, $0.00910
Stop-Loss: $0.01030
๐ง Analysis & Insights
โ RSI under 20 = oversold, high potential for a technical bounce
โ Price near MA(99) = possible mid-term support
โ ๏ธ Under all MAs = downtrend dominant unless reclaimed with volume
๐ก Pro Tip:
A reclaim of $0.01075 would shift short-term structure. Until then, sellers still in control. Watch volume on any bounceโit must confirm!
๐ฃ๏ธ Are you buying the blood or waiting for confirmation? Letโs talk strategy.
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