$DEGO
/USDT SPIKE REJECTED AT $2.78 — NOW RETESTING SUPPORT ZONE!
$DEGO surged to $2.785 earlier today but faced heavy selling pressure, pulling back to $2.61. Price is now stabilizing near the $2.60 zone — a key support area for potential bounce or breakdown.
TRADE SETUP (BOUNCE WATCH):
Entry Zone: $2.60 – $2.63
Targets: $2.70 / $2.78
Stop Loss: $2.54
📊 Market Outlook:
After a strong rally, this correction was expected. If bulls can defend the $2.60 level, we may see a push back toward the highs. However, a break below $2.54 could shift control to the bears.
📌 Risk Tip: Use tight SLs on bounce trades. Wait for bullish confirmation on the 1H candle before entering fresh longs.
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