🔥$DEGO /USDT Technical Analysis Update and Trading signal in details 💯👍

Price: $1.951

24h High: $2.233 (+13.10%)

24h Low: $1.550

💡 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

🔍 Observations:

- DEGO/USDT is showing a bullish trend with potential for further upside

- Price action is currently above the middle BOLL band, indicating strength

🚀 Potential:

- Short Term: Potential breakout above $2.233 resistance level

- Long Term: Price could target $2.268

📊 Trading Signal:

- Buy signal for potential gains

🎯 Key Levels:

- Resistance: $2.233

- Support: $1.753

📝 Entry Strategy:

- Consider entering on pullbacks towards support levels

- Look for confirmation of bullish continuation before entering a trade

🔥 Price Prediction:

- Expect price to continue rising towards resistance levels

- Potential breakout above $2.233 with strong momentum

⚠️ Risk Management:

- Set stop-loss orders to protect profits and manage risks effectively

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