$DEGO /USDT – Bullish Momentum Cooling Off! Watch for Retest or Pullback! 🚨
Current Price: $1.805 (-0.28%)
After a strong rally toward $1.86, $DEGO is showing signs of slowing momentum with consecutive red candles near intraday resistance.
Key Levels:
Resistance: $1.85 – $1.86
Support: $1.74
Breakout Base: $1.70
Trade Setup Scenarios:
1. Bullish Retest Play:
Entry: $1.76 – $1.78
TP1: $1.85
TP2: $1.90
SL: $1.69
2. Short-Term Pullback Trade:
Entry: $1.80 – $1.82
TP1: $1.75
TP2: $1.70
SL: $1.865
Market Insight:
Volume is fading and candles are tightening after the spike. If buyers don’t defend the $1.78–$1.80 zone, expect short-term selling pressure to build.
Pro Tip:
If $1.80 holds, it could flip into support for a second wave. But losing it opens the door to quick downside.
Patience is key – let price confirm before jumping in!
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