$DEGO/USDT – BULLISH BREAKOUT EYEING HIGHER LEVELS
$DEGO/USDT has shown a strong surge in momentum, gaining over 56% in the last 24 hours as volume spiked significantly. The price has broken above its short-term resistance and is now consolidating near recent highs, signaling strong buying pressure.
TECHNICAL OUTLOOK:
After reclaiming the $1.80 zone, DEGO is forming a bullish continuation pattern on the 4H chart. The next resistance lies near $2.20, followed by $2.40, where partial profit-taking could occur. A sustained move above this range may push the token toward the $2.60–$2.80 zone in the coming sessions.
ENTRY (LONG): Above $1.95–$2.00 on confirmed breakout
TARGETS (TP): 1) $2.20 2) $2.40 3) $2.65
STOP LOSS (SL): Below $1.78
RISK MANAGEMENT:
Risk only 1–2% of capital per trade. Adjust position size based on volatility and maintain strict discipline on stop loss execution to protect capital.
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