🔹 $DEGO /USDT – Long Setup
Trend Context:
DEGO shows a strong bullish breakout from the consolidation zone around 0.93–0.96, with a clear upward structure and increasing momentum. The 30-minute candle closed above previous resistance and is now retesting around 1.09, indicating potential continuation toward the next resistance cluster.
🎯 Entry Zone: 1.080 – 1.095
🛑 Stop Loss: 1.000 (below retest support)
📈 Take-Profit Targets:
TP1: 1.130 (previous local high)
TP2: 1.165 (short-term extension target)
TP3: 1.210 (breakout continuation zone)
📊 Key Levels:
Support: 1.000 / 0.965
Resistance: 1.137 / 1.165 / 1.210
💡Technical Notes:
Strong bullish volume surge confirms breakout momentum.
The 30-minute trend structure shows higher highs and higher lows.
Maintaining above 1.00 keeps bullish bias intact.
Ideal to scale out profits near 1.13–1.16 and hold partial position for 1.21 if momentum sustains.
⚠️ Alternative Short Setup (if price rejects 1.14 resistance)
Entry: 1.135 – 1.145
Stop Loss: 1.165
Targets:
TP1: 1.085
TP2: 1.050
TP3: 1.000
Key Level to Watch:
1.137 — A decisive breakout and hold above it signals continuation; rejection here opens short opportunity toward 1.05–1.00.$DEGO