📢🔥DEGEN on Fire: Opportunity or Trap? 🚀👀

DEGEN/USDT is currently at $0.003154, up 7.66% in the last 24 hours with a $3.6M volume! The chart shows a strong uptrend with support at $0.002788 and resistance at $0.003263. MACD is positive and volume is rising, signaling buy momentum, but RSI is nearing overbought—watch out for a pullback!

📌Trading Strategy:Entry: Wait for a dip to $0.0029 for a low-risk entry.

📌Take Profit: Target $0.0034 if it breaks resistance.

📌Stop Loss: Set at $0.0027 to manage risk.The order book shows strong buying pressure (68.84%), but high volatility (1.14B 24h high) could be a double-edged sword. What’s your take? Let’s discuss in the comments and seize the opportunity on Binance!

Disclaimer: This is not financial advice. Crypto prices are highly volatile, so do your own research and manage risks wisely.

$Degen