$DEGO /USDT – The bullish momentum continues! 🔥
Current price: $1.932 (-2.62%)
Despite the daily decline, $DEGO shows strong signs of bullish recovery with the formation of consecutive green candles around $1.90.
📊 Market structure:
Strong bounce from the 24-hour low of $1.855
Price is forming higher lows, indicating accumulation
Bullish engulfing candle breaks above minor resistance
📈 Trading setup:
Entry zone: $1.920 – $1.940 (current level)
TP1: $1.980
TP2: $2.050
TP3: $2.150
Stop-loss: $1.880
🔑 Key resistance: $1.984 (24-hour high)
🔑 Support level: $1.900
💡 Helpful tip:
Watch for confirmation of volume and a clean break above $1.98 for a strong continuation signal. Ideal for scalping momentum or short-term swings.