$DEGO MASSIVE CRASH – IS THIS THE BOTTOM OR JUST A PAUSE?
$DEGO/USDT is currently trading at $1.394, down a staggering -48.62% in the past 24 hours. After a brutal collapse from the $2.70+ zone, the price has started consolidating tightly in a narrow range. Caution is warranted, but volatility creates opportunity for both sides.
Key Levels:
• Resistance: $1.420 – $1.500
• Support: $1.285 – $1.320
Trade Setup:
Bullish Setup
Entry: Breakout above $1.420
Targets:
• TP1: $1.500
• TP2: $1.620
Bearish Setup
Entry: Breakdown below $1.285
Targets:
• TP1: $1.180
• TP2: $1.050
Stop-Loss:
• Long: Below $1.330
• Short: Above $1.420
This is high-risk territory. If $DEGO sustains above $1.39 and breaks resistance with volume, a relief bounce could play out. But failure to hold support may trigger further panic.