đ„$DEGO /USDT Technical Analysis Update and Trading signal in details đŻđ
Price: $1.951
24h High: $2.233 (+13.10%)
24h Low: $1.550
đĄ Key Insights:
- BOLL (20, 2) bands: UP 1.952, MB 1.724, DN 1.496
- DeFi market gainer with strong positive momentum
- 24h Vol (DEGO): 10.10M
- 24h Vol (USDT): 18.94M
đ Observations:
- DEGO/USDT is showing a bullish trend with potential for further upside
- Price action is currently above the middle BOLL band, indicating strength
đ Potential:
- Short Term: Potential breakout above $2.233 resistance level
- Long Term: Price could target $2.268
đ Trading Signal:
- Buy signal for potential gains
đŻ Key Levels:
- Resistance: $2.233
- Support: $1.753
đ Entry Strategy:
- Consider entering on pullbacks towards support levels
- Look for confirmation of bullish continuation before entering a trade
đ„ Price Prediction:
- Expect price to continue rising towards resistance levels
- Potential breakout above $2.233 with strong momentum
â ïž Risk Management:
- Set stop-loss orders to protect profits and manage risks effectively
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