$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 $1.13ā$1.14 support zone, and a break above $1.19 could reignite bullish momentum.
Entry Zone:
š„ $1.1550 ā $1.1700 (near MA(25) and minor consolidation band)
Targets:
šÆ Target 1: $1.1910 (local resistance)
šÆ Target 2: $1.2180 (May resistance zone)
šÆ Target 3: $1.2580 (key 4H supply level)
Stop Loss:
š $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 $1.1550ā$1.1600 with stable or rising volume.
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