💥 $DEGO Crashes 65% — What’s Next?

$DEGO suffered a brutal collapse, dropping from ~$2.90 to ~$1.00 in just one hour — a 65% wipeout that shocked the market. Since then, the price has stabilized around $1.30–$1.35, but the structure remains bearish.

Key Levels:

Support: $1.30 (holding), $1.15–$1.10 (next danger zone)

Resistance: $1.40, $1.55–$1.60 for a potential bounce

Indicators:

7 MA: $1.327 (immediate support)

25 MA: $1.280 (reclaimed)

99 MA: $1.976 (still far above)

Outlook:

✅ If $1.30 holds and $1.40 breaks, we could see a relief rally.

❌ If $1.30 breaks down, expect a fall back to $1.15 or lower.

Sentiment remains fragile, so trade with caution and watch volume for confirmation.

⚠️ DYOR — This is not financial advice. Stay sharp in volatile markets.

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