$DEGO /USDT POTENTIAL REVERSAL ZONE — LONG EYES ON A COMEBACK!
After a brutal -52% dump from $2.67, $DEGO is now showing signs of base-building near the $1.22–$1.25 range. With volume stabilizing and sellers cooling off, this could be the perfect zone for a speculative long opportunity targeting a possible bounce toward previous levels.
Trade Setup (LONG):
Entry Zone: $1.22 – $1.26
Target 1: $1.80
Target 2: $2.20
Target 3: $2.95 – $3.10 (Major Resistance Zone)
Stop Loss: $1.15 (strictly enforced)
Why Long?
The crash might have overextended to the downside, and $DEGO has started consolidating on lower timeframes. If a relief rally starts, we could see a sharp reclaim of mid-range levels. A potential short squeeze is also possible due to extreme drawdown and oversold conditions.
Risk Management Tip:
This is a high-risk/high-reward setup. Size your position wisely, trail your SL after Target 1, and never skip protection below $1.15.
Don’t let the recovery ride begin without you — position early and manage smartly!
Ride the reversal before the wave is gone — fortune favors the fast movers!