$DEGO It seems like you're analyzing a potential breakout for the DEGO/USDT trading pair. Here's a summary of the key levels and market structure you've identified:
# Current Market Situation
- Current Price: $1.983
- Support Zone: $1.910 - $1.919 (Strong Demand Zone)
- Resistance Zone: $2.124 - $2.150 (Target Area)
# Bullish Setup
You've mentioned a bullish setup loading, which suggests that you're expecting a potential price increase. The strong demand zone between $1.910 and $1.919 could act as a launching pad for the price to rise towards the target area between $2.124 and $2.150.
# Key Levels to Watch
Keep a close eye on the support zone ($1.910 - $1.919) and the resistance zone ($2.124 - $2.150). A breakout above the resistance zone could confirm the bullish setup, while a breakdown below the support zone might invalidate it.
# Trading Strategy
Consider the following trading strategy:
1. Long entry: Above $2.150 (breakout confirmation)
2. Stop-loss: Below $1.910 (support zone breakdown)
3. Take-profit: $2.200 - $2.250 (target area)
Please note that this is a general analysis and not personalized investment advice. Always consult with a financial expert or conduct your own research before making trading decisions.