$DEGO Climbing with Strength: Will $1.25 Be the Next Breakout Trigger?
DEGO is trading at $1.238, gaining 5.99% as bullish momentum continues to build. The price is consolidating just below the key resistance of $1.25, following a clean rally from the $1.13–$1.15 zone. With volume surging, a breakout attempt could be around the corner.
Key Levels to Watch
• Resistance Zone: $1.248 – $1.260
A successful breakout above this range could lead to:
• Target 1: $1.28
• Target 2: $1.32
• Support Zone: $1.22 – $1.18
Breakdown below this level could trigger a pullback toward:
• Target 1: $1.15
• Target 2: $1.13 (24h Low)
Trade Setup – Ready for a Pop or Pullback
• Bullish Entry: Break and close above $1.25 with volume confirmation
• Target 1: $1.28
• Target 2: $1.32
• Bearish Entry: Drop below $1.18 with strong selling
• Target 1: $1.15
• Target 2: $1.13
Final Take:
DEGO is on the verge of a potential breakout. If bulls manage to clear the $1.25 resistance, a sharp move upward could follow. However, if price fails here, a retracement toward the $1.15 zone remains likely. Monitor volume closely—momentum is the key to confirmation.