$DEGO
/USDT Analysis: Emerging Bullish Momentum
The DEGO/TetherUS chart suggests a potential bottoming formation after a recent downtrend, with increasing buying interest. This could indicate a reversal pattern in progress.
* Entry Level: Consider an entry around 1.039 - 1.040 USDT.
* Target: An initial target of 1.045 - 1.046 USDT is visible, with potential for further upward movement.
* Stop Loss: A tight stop loss at 1.034 USDT is recommended to manage risk.
Based on the observed pattern, the market's next move appears bullish, as the price attempts to break above minor resistance levels, indicating a shift in momentum.