$DEGO Bullish Recovery in Play! šš
$DEGO is trading at 1.267 (+3.60%), showing signs of a strong recovery after testing lower levels near 1.196. Buyers have stepped back in, pushing price toward the 1.287 resistance. If momentum sustains, we could see a breakout and a potential rally to higher zones.
Support and Resistance
⢠Resistance: 1.287 ā 1.310 ā 1.340
⢠Support: 1.250 ā 1.230
Trade Setup
⢠Entry Zone: 1.255 ā 1.267
⢠Stop Loss: 1.230
šÆ TP1: 1.287
šÆ TP2: 1.310
šÆ TP3: 1.340
Market Insights
$DEGO is regaining bullish strength with higher lows forming on the chart, indicating buyer control. A close above 1.287 could trigger fresh buying volume and accelerate the uptrend. Dips toward support may provide ideal re-entry points for traders looking to ride the bullish wave.