$DEGO USDT BEARS TAKE CONTROL AS RSI SHOWS OVERSOLD SIGNALS
$DEGO is currently trading at $1.21 (-0.98%), struggling to hold above the support zone near $1.14 โ $1.12. The 24h high sits at $1.254, while the low touched $1.142, reflecting strong selling pressure.
Looking at moving averages, MA(7) = 1.224, MA(25) = 1.230, and MA(99) = 1.225, showing that short-term momentum is below all major averages, signaling weakness. The RSI(6) at 24.38 indicates oversold conditions, which could mean a short-term bounce is possible if buying interest returns.
๐ Key Levels to Watch:
Support: $1.14 โ $1.12 zone
Resistance: $1.23 โ $1.26 range
๐ Market Next: If ails to defend $1.14, it may extend losses toward $1.10. However, oversold RSI suggests a potential rebound back toward $1.23 if bulls step in.
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