📊 $DEGO /USDT Technical Outlook (4H Chart)
Current Price: $1.313
Trend: Gradually bullish after a prolonged accumulation phase.
🎯 Targets
Target 1: $1.38 🥇 (recent local top & short-term resistance)
Target 2: $1.50 🥈 (psychological barrier & minor historical resistance)
Target 3: $1.72 🥉 (May swing high before sharp drop)
🛡 Support Levels
Primary Support: $1.25 (MA7 & MA25 area, recent breakout base)
Secondary Support: $1.16 (MA99 + strong accumulation zone)
📌 Analysis
Price is trading above all major moving averages, which indicates short-term bullish momentum.
A break above $1.38 with volume could push DEGO toward the $1.50–$1.72 zone quickly.
Supports at $1.25 and $1.16 are key for maintaining the bullish structure.
If bulls fail to hold $1.25, we could see a retracement back to the $1.16 range before any further upside attempt.
