$DEGO /USDT 4H Trade Setup

Market Insight:

$DEGO is currently consolidating just below the short-term MA(7) and slightly above MA(25), suggesting an indecisive but stable structure. The price has held above the $1.13–$1.14 support zone, and a break above $1.19 could reignite bullish momentum.

Entry Zone:

📥 $1.1550 – $1.1700 (near MA(25) and minor consolidation band)

Targets:

🎯 Target 1: $1.1910 (local resistance)

🎯 Target 2: $1.2180 (May resistance zone)

🎯 Target 3: $1.2580 (key 4H supply level)

Stop Loss:

🛑 $1.1300 (below recent 4H low and support band)

Key Levels:

Support: $1.1550 / $1.1300 / $1.1140

Resistance: $1.1910 / $1.2180 / $1.2580

Pivot: $1.1700

Pro Tip:

Avoid chasing the trade above $1.19 unless volume spikes. Ideal setup would be a bullish rejection candle or hammer around $1.1550–$1.1600 with stable or rising volume.

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