💣 $DEGO Dives Nearly 50%! Panic or Prime Opportunity? 🚨
In a jaw-dropping crash, $DEGO plunged -48.88%, nosediving from $2.73 to a brutal low of $1.28 within hours. The DeFi altcoin has officially entered high-volatility territory—and that’s where the bold make moves.
📉 Massive red engulfing candle signals capitulation, but early support seems to be forming above $1.28. Now trading around $1.36, buyers are trying to claw back control—but confidence is shaken.
📊 Key Trading Signals:
🔻24H Drop: -48.88%
🔻7D Drop: -40.82%
🔻180D Drop: -59.27%
📈Buy Volume: 40.08%
📉Sell Volume: 59.92%
💡 Possible Setups:
🔹Dead Cat Bounce in play? Short-term traders can ride a potential bounce to $1.50–$1.60 with tight stop-loss.
🔹Long-term investors: Caution advised. Wait for reversal confirmation and retest above $1.70 before DCA.
🚨 Risk Level: EXTREME
Such steep drops often hint at fundamental issues or sudden delisting/announcement news. Always check official sources before entering.
⚠️ Disclaimer: This post is for educational purposes only. It does not constitute financial advice. Always DYOR before trading or investing.
#DEGO #TradingSignals #TradingInsights #ChartAnalysis #MyCOSTrade