Bitget Token (BGB) has experienced a strong rally, reaching new all-time highs on a regular basis. However, recent indicators suggest that this bullish momentum may be slowing down, leading to increased selling pressure as investors reconsider their positions. The Price DAA Divergence indicator is signaling a sell signal, reflecting a decrease in investor participation. This could dampen BGB's ability to sustain its upward momentum and make it more susceptible to short-term corrections. BGB's price has dropped by 17% in the past 24 hours, following a significant rally in the past week. If the decline continues, BGB could test the $4.90 support level, potentially triggering profit-taking by investors. However, a strong recovery supported by bullish market trends could push BGB to new all-time highs and solidify its position as a standout performer in the market.



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