📉 Current Price Overview

• Price: $1.276

• 24h High: $1.341

• 24h Low: $1.264

• Volume (24h): 5.54M DEGO | 7.24M USDT

• Market Sentiment: Slightly bearish (Today: -2.89%, 7D: -51.72%)

🔍 Technical Analysis (as of June 7, 2025)

🕐 Hourly/Short-Term Outlook (15m–1h)

🔸 Support Levels:

• S1: $1.26 (local low)

• S2: $1.20 (psychological + historical support)

🔸 Resistance Levels:

• R1: $1.32 (minor resistance and previous high)

• R2: $1.38–$1.40 (major zone from earlier peak)

🔸 Short-Term Strategy

• Long Entry Zone (Buy): $1.24–$1.27 (current accumulation zone)

• Short Entry Zone (Sell): $1.32–$1.36 if rejection confirmed

📅 Daily Timeframe Analysis

🔸 Trend:

• Downtrend still dominant; candle formations show lower highs/lows.

• 7-day loss of 51.72% suggests panic selling or whale exit.

🔸 Key Daily Zones:

• Daily Resistance: $1.45–$1.50 (bullish breakout point)

• Daily Support: $1.20 → if broken, could dip to $1.10 or even sub-$1.

📌 Long vs Short Position Strategy

✅ Long Position (Buy Setup)

• Entry Zone: $1.24–$1.27 (current area)

• Targets:

• TP1: $1.32

• TP2: $1.38

• TP3: $1.45

• Stop-Loss: Below $1.22

❌ Short Position (Sell Setup)

• Entry Zone: $1.32–$1.36 (if price faces resistance)

• Targets:

• TP1: $1.26

• TP2: $1.20

• Stop-Loss: Above $1.38

🐋 Whale Watch Tips (Big Wallet Moves)

• Accumulation Sign: High volume at low price zones ($1.20–$1.25) suggests whales may accumulate in silence.

• Pump Signal: Sudden break of $1.40 on volume spike could indicate whale-led pump.

• Trap Pattern: Price could be manipulated up to $1.36–$1.40 to trigger retail buys, then dumped. Watch for fakeouts.

📌 Tip: Use volume confirmation and RSI divergence to track these traps.

🔔 Pro Tips from TradingView VIPs & Analysts

• “Wait for clean breakout with retest before entering long.”

• “Avoid FOMO buying above $1.35 unless volume supports breakout.”