⚠️ $DGB /USDT – Oversold Breakdown or Bounce Setup? 🔄
#DigiByte ($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? 🧠
📊 Market Overview
📍 Current Price: $0.01018
📈 24h High: $0.01121
❄️ 24h Low: $0.01015
📊 Volume:
DGB: 99.98M
USDT: 1.08M
📉 Moving Averages:
MA(7): $0.01078
MA(25): $0.01082
MA(99): $0.01035
📉 RSI (6): 18.40 (Oversold – near bounce zone)
📊 MACD: Bearish, but a potential slowdown in momentum
📈 DGB Trade Setup – Key Levels to Watch
🔹 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
🔹 Bearish Scenario (If DGB breaks $0.01000 with volume):
Entry: Below $0.01000
Targets: $0.00975, $0.00950, $0.00910
Stop-Loss: $0.01030
🧠 Analysis & Insights
✅ RSI under 20 = oversold, high potential for a technical bounce
✅ Price near MA(99) = possible mid-term support
⚠️ Under all MAs = downtrend dominant unless reclaimed with volume
💡 Pro Tip:
A reclaim of $0.01075 would shift short-term structure. Until then, sellers still in control. Watch volume on any bounce—it must confirm!
🗣️ Are you buying the blood or waiting for confirmation? Let’s talk strategy.
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