$DEGO ๐ Short-Term Prediction (1โ3 Days)
โ Scenario 1: Technical Bounce Incoming
โจ If RSI triggers a rebound, we might see a quick recovery.
๐ผ Target Zones:
๐ฏ $1.60 (minor resistance)
๐ฏ $1.80โ$2.00 (likely retest zone)
๐ Could be a dead cat bounce, so caution is key.
โ Scenario 2: Continuation of Crash
๐ If $1.28 fails to hold, next support is around:
โซ $1.20 โ $1.00 zone
๐ Further downside is possible if sentiment worsens or no buyers step in.
---
๐ฎ Medium-Term Outlook (1โ2 Weeks)
๐ฐ Highly dependent on news, community updates, and overall market recovery.
๐งฉ If there's a fundamental reason for the dump (e.g. hack, rug pull, delisting), it could trend even lower.
๐ Look for volume spike + RSI divergence for a real reversal.
---
โ ๏ธ Trading Tips
โ Not suitable for long-term entries right now โ extremely high risk!
๐ Use tight stop-losses if you're trading short-term.
โณ Consider waiting for reversal confirmation (e.g. MACD crossover, RSI climbing above 30).
---
๐ Final Thoughts
DEGO is currently in high volatility territory, and while a bounce might occur due to overselling, the trend is still bearish. Trade carefully and always manage risk. ๐
