$DEGO /USDT HITTING MULTI-DAY LOWS — CAN BULLS DEFEND THE $1.00 LEVEL?
📉 Current Price: $1.05 (-15.58% 24h)
📈 24h High: $1.267 | 📉 24h Low: $1.008
🔁 Volume: DEGO: 4.58M | USDT: 5.09M
📅 7D: -17.97% | 30D: -43.30% | 1Y: -50.26%
💥 Market Recap:
$DEGO is under heavy pressure after losing over 15% today and almost 18% this week. Price is now hovering just above critical psychological support at $1.00 — a level not seen in weeks.
📌 Key Levels to Watch:
🟢 Support: $1.00 – $1.008 (key bounce zone)
🔴 Resistance: $1.10 – $1.15
🎯 Upside Target (If Bounce): $1.18 – $1.25
⚠️ Breakdown Risk: Below $1.00 → Possible slide to $0.95 – $0.90
📈 Technical View:
DEGO is approaching oversold territory on shorter timeframes (15min/1H). If the $1.00 level holds, a short-term bounce is possible. However, trend remains bearish — any upside move needs strong volume to reclaim $1.10+.
🧠 Trading Plan:
Bounce Setup: Buy zone near $1.00 with tight stop
Breakdown Play: Wait for confirmation below $0.99
Bullish Reversal Signal: Close above $1.15 on 4H+
⏳ Watch the next 1H/4H candle — it could set the tone for the rest of the week.