๐จ๐ฅ $DGB /USDT AT PIVOTAL LEVELS โ A BREAKOUT OR ANOTHER DROP? ๐ฅ๐จ
The DGB/USDT chart on the 15-minute frame shows consolidation after a sharp drop, currently hovering around $0.00604. This price level acts as a crucial testing ground as traders await the next big move.
๐ก Key Levels to Watch: ๐ก
๐ง Resistance: $0.00630 USDT โ Breaking this barrier could spark a quick surge, targeting the next range around $0.00650 and potentially higher.
๐ Support: $0.00590 USDT โ If DGB breaks below this, expect a deeper dip, possibly testing $0.00570.
๐ Entry Strategy:
Long Entry: If DGB holds above $0.00610, an entry with a target toward $0.00630 seems favorable. Stop loss should be placed around $0.00590 for risk management.
Short Entry: On a rejection from $0.00630, consider a short position targeting $0.00590, with a stop loss around $0.00640.
๐ Outlook:
โข Short-Term (15 min - 1 hr): Price consolidation hints at potential volatility, so set tight stops.
โข Long-Term: A breakout above $0.00630 or a breakdown below $0.00590 will guide the broader trend.
Stay vigilant, as this setup is primed for a move!
#BTCETFDemandSurge #BTCMiningDifficultyRecord #USJoblessClaimsDip #BTC67KRebound #TetherUnderInvestigation