$DEGO /USDT – 4H Trade Setup
Market Insight:
$DEGO is trading at $1.14, up +1.51%, holding steady within a rising short-term channel. The price is attempting to reclaim the $1.15 area after bouncing from a solid support at $1.09. Volume remains moderate, and MA(5) is about to cross above MA(10), suggesting possible bullish continuation.
Entry Zone:
🔹 $1.12 – $1.14 (ideal zone for low-risk entries)
Targets:
🎯 Target 1: $1.17 (recent high)
🎯 Target 2: $1.22 (April resistance zone)
🎯 Target 3: $1.29 (monthly range high)
Stop Loss:
🔻 $1.08 (below support and invalidation of bullish structure)
Key Levels:
Support: $1.09 / $1.08
Resistance: $1.17 / $1.22
Pivot Zone: $1.14
Pro Tip:
If price breaks above $1.17 with a bullish 4H candle and volume > 15K, consider trailing stops. Otherwise, look for a retest at $1.12–$1.14 to enter with tight risk control.
#BTCUnbound #CFTCCryptoSprint #BinanceHODLerPROVE #BitcoinTreasuryWatch #BinanceHODLerTOWNS