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$DEGO – Trade Ideas Here at Critical Resistance!!
📊 Current Price=$1.554 (-9.20%)
📈 Long Opportunity
🎯 Entry= $1.47 - $1.55 (Only if price holds support with volume confirmation)
📌 Take Profit Targets:
• TP1= $1.62
• TP2= $1.68
• TP3= $1.80
🔻 Stop Loss: Below $1.45
📉 Short Opportunity
🎯 Entry= $1.68 - $1.72 (If price rejects with weak volume)
📌 Take Profit Targets
• TP1= $1.55
• TP2=$1.47
• TP3=$1.40
🔻 Stop Loss=Above $1.75
🔥 Key Levels to Watch
✅ Support=$1.47 - $1.55 (Buyers must hold for continuation)
✅ Resistance= $1.68 - $1.72 (Major breakout test zone)
📊 Risk Management=
• Leverage: 5x-10x max (cross margin recommended)....
• Stop-Loss Management=Move SL to breakeven after TP1 is hit....
• Position Sizing: Risk only 1-1.5% of total portfolio per trade....
• Entry Monitoring: Use alerts to track entries—avoid entering blindly....
📉 Market Insight
DEGO is testing key resistance after bouncing from $1.47.... If bulls reclaim $1.68 with strong volume, upside targets extend to $1.80+. However, a rejection at resistance could trigger another pullback to $1.47 or lower.....
💡 Watch for
• RSI Divergence: Rejection at resistance may confirm a short setup....
• Volume Confirmation: If buyers step in above $1.68, breakout potential increases....
💬 Follow, like, and share to support the community..
📖 El Shaddai= ‘God Almighty, the All-Sufficient One.’ His grace sustains.
#DEGO CryptoAnalysis #TradingSignals #Signal🚥 $DEGO
DEGOUSDT
Perp
1.555
-9.02%