$DEGO /USDT Market Analysis Overview

The DEGO/USDT pair has demonstrated a robust upward surge, posting an impressive +11.00% gain in the last 24 hours. The price has climbed from a 24h low of 1.577 to a high of 1.836, showcasing strong bullish strength within the DeFi sector. This rally highlights renewed investor interest and momentum-driven accumulation. The recent breakout above the 1.720 resistance confirms bullish dominance, with consecutive green candles signaling sustained buying pressure.

Volume activity — 4.50M #DEGO/USDT and 7.78M USDT — supports the current upward trajectory, suggesting the potential for a continued bullish move if the momentum holds above critical support zones.

Trading Strategy and Technical Outlook

For traders looking to participate in this rally, the ideal Entry Zone lies between 1.770 – 1.800, providing a strong buying range near recent support levels. The projected Targets for short- to mid-term trades are 1.850, 1.920, and 2.000, reflecting key resistance levels that could act as profit-taking zones. A protective Stop-Loss (SL) should be placed below 1.730 to minimize downside risk in case of a retracement. The bullish candle structure and consistent higher lows on the 1-hour chart indicate trend continuation potential. Traders should monitor for consolidation above 1.780; maintaining this level may trigger a breakout beyond 1.836, confirming the next bullish wave. Overall, DEGO/USDT currently stands as a high-momentum opportunity for disciplined traders focusing on breakout trades and strong volume confirmations.