DEGO/USDT Technical Analysis & Trade Signal

Current Price: $3.240

24h Price Change: +9.83%

24h High: $3.257

24h Low: $2.854

Support Levels:

First Support: $3.172 (SAR Indicator)

Second Support: $3.138 (Binance Price Level)

Resistance Levels:

First Resistance: $3.257 (24h High)

Second Resistance: $3.270 (Depth Level)

Trade Signal:

Buy Signal: If the price breaks above $3.257, it signals a bullish continuation, with a possible rally towards higher resistance.

Sell Signal: If the price falls below $3.172, it indicates potential downward momentum.

Target Levels 🎯:

1. Target 1: $3.300 - Immediate resistance zone.

2. Target 2: $3.400 - Potential resistance in a bullish market.

3. Target 3: $3.500 - Strong bullish momentum if the trend continues.

Trade Momentum:

Bullish: Short-term momentum is positive with a 9.83% gain over the past 24 hours and upward pressure near resistance levels.

Risk Consideration: Watch for possible retracement if the price falls below the SAR support of $3.172.

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$DEGO