$DEGO   Finance (DEGO), a well-known DeFi and NFT protocol, is catching the attention of traders again as the DEGO/USDT pair shows signs of strength. With growing adoption in decentralized finance and NFT integration, DEGO is setting up for what could be an exciting bullish phase. 🌐💰
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🔹 Current Market Overview
The DEGO/USDT pair is currently trading around $1.48 – $1.60, after rebounding strongly from its recent support at $1.35. The price structure indicates healthy accumulation, and if DEGO can hold above $1.55, it could push toward the next resistance zone at $1.80 – $2.00. 📈
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🔹 Why DEGO Is Gaining Attention
1. DeFi + NFT Hybrid: Dego combines decentralized finance with NFTs, creating a multi-utility ecosystem where users can stake, mine, and earn rewards. 🧠
2. Cross-Chain Compatibility: DEGO supports multiple blockchains like Ethereum and BNB Chain, boosting its accessibility and liquidity. 🔗
3. Strong Community: Active development and a loyal user base keep DEGO relevant in the fast-evolving DeFi landscape. 💬
4. New Partnerships & Integrations: Continuous ecosystem expansion is attracting new liquidity and user participation. 🌍
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🔹 Technical Analysis
Trend: Gradual bullish recovery
RSI: Around 61 — moderate bullish momentum forming
Volume: Increasing steadily, confirming market interest
Key Levels:
Resistance: $1.80 – $2.00
Support: $1.35 – $1.25
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🔹 Conclusion
The DEGO/USDT pair appears to be in the early stages of a bullish reversal. With a strong DeFi foundation, innovative NFT utilities, and consistent community support, Dego Finance could play a larger role in the next DeFi cycle. 🌕
If DEGO sustains its momentum above $1.55, it may trigger a trend continuation that could propel the price toward $2.00 and beyond, positioning it as one of the undervalued gems in the DeFi space. 💥
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