$DEGO Strong Bullish Momentum Building! š
$DEGO is trading at 1.281, up +5.52% in the last 24H, after bouncing sharply from the 1.196 low. Buyers are dominating as price tests the 1.282 resistance, signaling a potential breakout if volume continues to rise. The recent green candle surge indicates renewed bullish confidence.
Support and Resistance
⢠Resistance: 1.282 ā 1.300
⢠Support: 1.260 ā 1.240
Trade Setup
⢠Entry Zone: 1.270 ā 1.280
⢠Stop Loss: 1.240
šÆ TP1: 1.300
šÆ TP2: 1.325
šÆ TP3: 1.360
Market Insights
$DEGO is pressing against a critical resistance level with bullish momentum on its side. If price breaks and sustains above 1.282, short-term traders could target higher levels quickly. However, a rejection at this point may lead to a pullback toward support before another upward push.