Blood on the charts! $DEGO saw a brutal long liquidation worth $1.2086K at $1.754. Bulls got trapped and crushed. This level now becomes a critical resistance zone. If $DEGO dares to rise again, it must conquer this liquidation barrier. Until then, it's a battlefield of pain and opportunity. Get ready, because the next move could be explosive.
$DEGO Technical Analysis:
Liquidation Point: $1.754
This is now a major resistance. If DEGO retests this zone, expect heavy selling pressure unless backed by strong volume.
Trade Setup (Short-Term Swing):
Buy Zone:
$1.550 – $1.610
Accumulation range where price shows signs of support and sideways movement after liquidation.
Target 1: $1.700
Target 2: $1.740
Target 3 (Breakout): $1.850
Stop Loss: $1.498
A close below this level invalidates the setup and may signal continuation to the downside.
Key Notes:
Volume profile shows thinning support below $1.500. If stop loss hits, sit out and re-analyze.
If bulls reclaim $1.754 with high volume, a bigger rally could start.
Always watch BTC for correlation before taking high-leverage entries.
DEGOUSDT
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