$DEGO
/USDT BULLISH BREAKOUT SETUP
$DEGO has confirmed a strong bullish structure after breaking above its key resistance zone, showing solid momentum supported by high trading volume. The recent breakout from the consolidation range indicates a potential continuation toward higher resistance levels, suggesting bulls are firmly in control.
The chart shows a clear sequence of higher lows, reflecting strong buyer interest around the 0.83–0.87 demand zone. As long as price action remains above this support, the uptrend bias stays intact. A move above 0.95 could further accelerate bullish momentum toward the next resistance levels.
Technical Structure:
Trend: Bullish continuation
Volume: Rising with strong participation
Momentum: Positive, confirming upward pressure
Targets (TP):
TP1: 0.98
TP2: 1.05
TP3: 1.12
Stop Loss (SL):
SL: 0.86
Risk Management:
Risk only 2–3% per trade, maintain disciplined position sizing, and move SL to entry once the first target is achieved to protect profits.
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