Technical analysis by CryptoNuclear about Symbol DGB: Buy recommendation (9/9/2025)

CryptoNuclear

🔎 Technical Overview On the daily chart, DGB/USDT is forming a descending triangle, with a clear downward sloping trendline acting as dynamic resistance and a horizontal demand zone around 0.0065 – 0.0077 USDT providing strong support. This setup reflects a phase of accumulation or distribution, where the market is preparing for a decisive move: either a bullish breakout above the descending trendline or a bearish breakdown below the demand zone. --- 📊 Key Technical Levels Current price: 0.008295 Demand zone (support): 0.0065 – 0.0077 (yellow box) Upside resistance levels: 0.010439 → first breakout confirmation 0.011816 → secondary resistance 0.013280 → mid-term target 0.015355 → extended target 0.020382 & 0.022080 → major upside levels if momentum accelerates --- 🟢 Bullish Scenarios 1. Confirmed Breakout (conservative): If the price manages to close a daily candle above the descending trendline and reclaim 0.010439, bullish momentum is likely to strengthen. Targets: 0.0118 → 0.0132 → 0.0153 Key signals: rising volume, RSI recovery, strong daily green candle. 2. Bounce from Demand (aggressive): If price retests the 0.0065–0.0077 zone and bounces, this area may serve as a strong accumulation point. Stop loss: below 0.0063–0.0065. Initial target: 0.0104, with extensions to higher resistances. Risk-to-reward ratio could be highly favorable if the bounce holds. --- 🔴 Bearish Scenario A daily close below 0.0065 would confirm the descending triangle breakdown. This breakdown could trigger further downside with a target toward 0.0056 or lower. After the breakdown, the 0.0065–0.0077 zone would flip into a supply zone (resistance). --- 📌 Pattern & Sentiment Descending Triangle: traditionally considered a bearish continuation pattern, but in crypto markets, upside breakouts are also possible. Historical Demand Zone: the highlighted yellow box has been tested multiple times since March 2025, making it a key psychological support. Market Sentiment: the reaction around this zone and the ability to break the trendline will dictate the medium-term direction. --- ⚖️ Conclusion & Strategy Bullish play: wait for a breakout above 0.0104 with strong volume (safer) or accumulate cautiously in the demand zone with a tight SL (riskier). Bearish play: a daily close below 0.0065 signals breakdown and opens the door for deeper declines. Risk management: always use stop loss and limit exposure to 1–2% risk per trade. DGB is currently at a make-or-break point. Whether buyers can defend the demand zone or sellers push through support will define the next big move. --- #DGBUSDT #DGB #DigiByte #CryptoAnalysis #TechnicalAnalysis #DescendingTriangle #CryptoTrading #SupportAndResistance #Altcoins