$UMA On the Brink: Will Bulls Push Past $1.25 or Pause for a Breather?
DEGO is holding firm at $1.238, posting a 5.99% gain today after a strong rally from the $1.13 base. Price is now pressing against the key $1.25 resistance zone, hinting at either a fresh breakout or a short-term pullback. Volume is increasing, adding weight to the next move.
Key Levels to Watch
• Resistance Zone: $1.245 – $1.260
If price breaks and sustains above, it could target:
• Target 1: $1.28
• Target 2: $1.32
• Support Zone: $1.22 – $1.18
A breakdown from this zone could trigger downside toward:
• Target 1: $1.15
• Target 2: $1.13
Trade Setup – Momentum vs. Rejection
• Bullish Entry: Confirmed close above $1.25 with strong volume
• Target 1: $1.28
• Target 2: $1.32
• Bearish Entry: Loss of $1.18 support with heavy sell volume
• Target 1: $1.15
• Target 2: $1.13
Final Take:
DEGO is at a key decision point. A breakout above $1.25 could unleash further upside, but failure to hold $1.22 may flip momentum in favor of sellers. This is a textbook breakout-watch scenario—let volume and structure guide your entry.
