$DEGO DeFi Surges Towards New Peaks: Targets Locked 🎯! 🚀
On the 4h timeframe, $DEGO currently at $2.135, up by a solid +6%! The 24h high is $2.137, with a significant volume of 671K DEGO and 1M USDT. The RSI is very high at 80, indicating strong buying pressure.
✅ Key Observation:
#dego is showing strong upward momentum on the 4-hour chart, testing its 24h high.
next Next Potential targets:
🎯 $2.137 (24h high - immediate resistance)
🎯 $2.200 (potential next resistance level)
🎯 $2.300 (potential further resistance if upward movement continues)
🛡️Important Support Level (to watch for potential pullback):
🛡️ $2.050 (potential near-term support zone)
🛑 Stop Loss: Consider a stop loss around $2.000 to manage risk.
📈 **Potential Price Path in the Next Days:**
#DEGO is exhibiting strong bullish momentum as it challenges its 24-hour high of $2.137. A sustained break above this level with increasing volume could lead to a rapid move towards the $2.200 resistance and potentially extend towards the $2.300 mark. This positive movement would likely confirm continued interest within the DeFi sector. However, given the high RSI, be prepared for potential volatility and a possible pullback if the buying pressure wanes. A stop loss is suggested below the identified support level to manage risk.
Buy and trade here on $DEGO
