$DEGO $DEGO

Here's a analysis for your $DEGO /USDT trading chart:

Professional Analysis

Support and Resistance Levels

- Support Levels:

- 1.785 USDT: This level has acted as a support in the recent past.

- 1.623 USDT: This is a lower support level, indicating a significant drop if the price breaks below 1.785 USDT.

- **Resistance Levels:**

- 1.884 USDT: This is the recent 24-hour high and a resistance level.

- 2.040 USDT: This level was a previous high and could act as a strong resistance.

#### Entry Signal

- **Entry Point:** A good entry point would be around the current price of 1.867 USDT, especially if the price breaks above the 1.884 USDT resistance level with strong volume.

#### Stop Loss and Take Profit Levels

- **Stop Loss:** Set a stop loss slightly below the support level at 1.785 USDT, around 1.770 USDT, to minimize potential losses.

- **Take Profit:**

- First Take Profit Level: 1.884 USDT, the recent high.

- Second Take Profit Level: 2.040 USDT, the next resistance level.

### Summary

- **Current Price:** 1.867 USDT

- **Support Levels:** 1.785 USDT, 1.623 USDT

- **Resistance Levels:** 1.884 USDT, 2.040 USDT

- **Entry Point:** Around 1.867 USDT

- **Stop Loss:** 1.770 USDT

- **Take Profit Levels:** 1.884 USDT, 2.040 USDT

This analysis should provide a solid basis for trading the DEGO/USDT pair. Thoughts? 📈

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