Technical analysis by CryptoNuclear about Symbol DGB: Buy recommendation (11/6/2025)

1️⃣ Overview DGB/USDT has formed a large falling wedge pattern over the past four years, beginning from the 2021 peak. This structure consists of: A descending resistance line (upper trendline) connecting a series of lower highs from 2021 to the present. A gently descending support line (lower trendline) maintaining the sequence of lower lows over time. A falling wedge on a higher timeframe, such as the weekly chart, often signals a major accumulation phase before a potential bullish reversal occurs. --- 2️⃣ Current Price Condition Current price: around 0.01121 USDT Position: Price is testing the wedge resistance line, showing that buying pressure is starting to increase. Volume: Not yet explosive, but showing a gradual increase, suggesting early accumulation from lower levels. Weekly candles: Recent candles are forming higher lows, indicating early signs of bullish momentum. --- 3️⃣ Pattern Analysis: Falling Wedge The falling wedge is widely recognized as a bullish reversal pattern, even though it forms during prolonged downtrends. Key characteristics seen on this chart include: Downward-sloping but converging trendlines. Decreasing selling pressure over time. Tightening volatility as price approaches the apex of the wedge. A confirmed breakout above the wedge usually marks the end of the distribution phase and the beginning of a new expansion cycle. --- 4️⃣ Bullish Scenario (Reversal Potential) If DGB successfully breaks above the wedge resistance with strong volume and a solid weekly close: Momentum could push the price quickly toward the first target at 0.0179 USDT. A successful breakout and retest may allow continuation toward 0.0385 – 0.0790 USDT. This setup could trigger a multi-year trend reversal, especially if the broader altcoin market strengthens. Key confirmations for the bullish scenario: Weekly close above 0.012 USDT with strong buying volume. RSI moving above 50. MACD bullish crossover on the weekly timeframe. Successful retest of the wedge resistance as new support. --- 5️⃣ Bearish Scenario (Failed Breakout / False Breakout) If a strong rejection occurs at the wedge resistance: Price may retrace back toward the lower support zone at 0.006 – 0.004 USDT. A drop below 0.00346 USDT would invalidate the wedge and open room for further downside. A false breakout with a long upper wick followed by a close below resistance often leads to a sharp retracement. Confirmations for the bearish scenario: Weekly candle forms a long upper wick (rejection). Volume fails to support the breakout attempt. RSI falls back below 40. Breakdown below wedge support with strong selling pressure. --- 6️⃣ Strategy & Risk Management For Bullish Traders: Conservative entry: Wait for a confirmed weekly close above wedge resistance. Aggressive entry: Enter on breakout with a tight stop below the breakout candle. Take partial profits at each resistance: 0.0179 → 0.0385 → 0.0790 USDT. Suggested stop-loss below 0.0060 or under the wedge low (0.0034) depending on risk profile. For Bearish Traders: Wait for clear rejection at wedge resistance before entering short positions. Targets: lower wedge area (0.004–0.005 USDT). Place stop-loss above the rejection candle high. --- 7️⃣ Conclusion The multi-year falling wedge on DGB/USDT indicates that the coin may be approaching the final stage of long-term selling pressure. If a weekly breakout confirms, DGB could enter a major bullish reversal phase. However, without sufficient volume and a weekly close above key resistance, the risk of a false breakout remains high. The current zone (0.010–0.012 USDT) is the critical decision area that will define DGB’s macro direction for the coming months. #DGB #DGBUSDT #CryptoAnalysis #Altcoins #FallingWedge #TechnicalAnalysis #Breakout #CryptoTrading #ChartPattern #WeeklyAnalysis #BullishSetup #ReversalPattern #CryptoMarket