⚠️ Brutal Breakdown: What Happened to $DEGO ?

Current Price: $1.337

Recent Crash: DEGO suffered a sharp collapse from ~$2.90 to ~$1.00, wiping out over 65% in a single hourly candle.

Short-Term Recovery: Price has since stabilized, consolidating in a tight range around $1.30–1.35.

📉 Indicators:

7 MA (Yellow): $1.327 – Holding as immediate support.

25 MA (Pink): $1.280 – Recently reclaimed, hinting at short-term accumulation.

99 MA (Blue): $1.976 – Still far above; bearish structure remains dominant.

🔍 Market Outlook:
✅ Recovery Potential:

If DEGO holds above $1.30 and breaks $1.40, a relief rally toward $1.55–$1.60 is plausible.

Volume and volatility remain low, so a breakout would need confirmation via a spike in demand.

❌ Bearish Risks:

Failure to hold above $1.30 may trigger another drop back to the $1.15–$1.10 zone.

Sentiment is fragile after the crash; traders may prefer to short bounces unless structure shifts.

⚠️ DYOR – Do Your Own Research.

This is not financial advice. Markets can be volatile — always trade responsibly!