⚠️ $DEGO
/USDT: Wild Ride Warning — The Deep Dive Drama🔥📊📉
$DEGO just plunged nearly 43% in a massive sell-off amid heavy volume, signaling panic or major liquidation. This kind of drop usually shakes out weak hands but can also create a short-term bottom opportunity if strong support forms.
Entry
Only consider entry after price stabilizes between $1.20 – $1.40 with clear signs of buying pressure and reduced volatility.
Targets
🎯 Target 1: $1.70 — initial bounce level from oversold conditions
🎯 Target 2: $2.10 — recovery zone to test previous support turned resistance
🎯 Target 3: $2.50 — key level to confirm trend reversal
Stop Loss
Keep stop tight around $1.10 to minimize risk if the downtrend accelerates.
Key Levels
Support: $1.10, $1.20
Resistance: $1.70, $2.10
Pivot: $1.40 — watch for volume spikes here
Pro Tip
Avoid chasing price down. Let the dust settle and watch for a clear reversal pattern before committing. This is a high-risk setup better suited for experienced traders ready for volatility.
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