
StockDuniya
@t_StockDuniya
What symbols does the trader recommend buying?
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The market is showing signs of a bullish recovery, with price pushing into a key resistance zone after a strong move up. The Fibonacci retracement levels suggest that the price might face resistance around the 0.236 or 0.382 levels, where a pullback could occur. If buyers maintain control, the uptrend may continue, but there is also a possibility of a retracement to form a lower high before the next move. The RSI is climbing, indicating strengthening momentum, but traders should watch for rejection signals at resistance before confirming further direction.

The DGB/USDT pair on Binance is currently in a strong uptrend, as seen in the 1-hour chart. The price has surged, breaking key resistance levels and reaching 0.01078 USDT. The Fibonacci retracement levels suggest potential support at 0.618 (0.00975) and 0.5 (0.00999), which could act as buy zones if a pullback occurs. Additionally, the Relative Strength Index (RSI) is at 77.69, indicating overbought conditions, which might lead to short-term consolidation or correction. Traders should watch for volume confirmations and consider setting a trailing stop-loss to lock in profits while monitoring potential retracement levels.
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Any content and materials included in Sahmeto's website and official communication channels are a compilation of personal opinions and analyses and are not binding. They do not constitute any recommendation for buying, selling, entering or exiting the stock market and cryptocurrency market. Also, all news and analyses included in the website and channels are merely republished information from official and unofficial domestic and foreign sources, and it is obvious that users of the said content are responsible for following up and ensuring the authenticity and accuracy of the materials. Therefore, while disclaiming responsibility, it is declared that the responsibility for any decision-making, action, and potential profit and loss in the capital market and cryptocurrency market lies with the trader.