📈 Technical Analysis $DEGO is on fire now 🔥

Moving Averages:

The current price is below the 10, 50, and 200-day moving averages, indicating selling pressure in the short and medium term.

Relative Strength Index (RSI):

It stands at about 44.48, indicating a neutral state, with a slight tendency towards selling.

Other Momentum Indicators:

MACD and Williams %R indicators are signaling sell signals, reinforcing the negative short-term outlook.