$DEGO /USDT UNDER PRESSURE—IS THE DROP OVER OR MORE DOWNSIDE AHEAD? 🚨
DEGO/USDT is currently trading at $2.20, down by 10.82% in the last 24 hours. After hitting a high of $2.52, the price has dropped sharply, now testing key support levels. Traders are eyeing this area closely as the next move could set the tone for either a recovery or a deeper decline.
💡 Key Levels to Watch:
Resistance: $2.48 USDT – A recovery above this level could push DEGO back toward $2.52 and higher.
Support: $2.15 USDT – If this level fails, DEGO could slide further toward $1.90.
📉 Entry Strategy:
Long Entry: Buy near $2.20 USDT if support holds, aiming for $2.48 with tight risk management.
Stop-Loss: Set at $2.10 USDT to minimize exposure if the decline continues.
🔥 Why It Matters: DEGO’s sharp sell-off is testing key levels of support, and a decision point is approaching. A bounce from current levels could signal a reversal, but traders should be cautious as further downside could trigger panic selling. Stay vigilant!
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