$DEGO /USDT – 4H Trade Setup
Market Insight:
$DEGO is currently pushing against key resistance at 1.155, marking a near-term double top attempt. Price action is showing strength with a steady climb from 1.105 lows, and volume remains supportive. If this resistance breaks with strong volume, further upside is likely.
Entry Zone:
🔹 1.125 – 1.145
(A wait-for-retest strategy below the resistance zone)
Targets:
🎯 Target 1: 1.175
🎯 Target 2: 1.210
🎯 Target 3: 1.265
Stop Loss:
❌ 1.098
(Below recent swing low and breakdown level)
Key Levels:
Resistance: 1.155 / 1.175
Support: 1.105 / 1.125
Pivot Zone: 1.140
Pro Tip:
If price closes a 4H candle above 1.155 with volume >2M, consider scaling in aggressively. Avoid entry if price closes under 1.120 with weakening volume — that would suggest a failed breakout.
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