The #DEGOUSDT pair is showing notable momentum, with the price currently standing at $3.15 after a significant recovery from a low of $2.70. This upward trend marks a 4.03% increase over the past 24 hours, indicating strong buyer interest as the price pushes towards its resistance levels. The highest point in the recent trading session has been $3.20, which could serve as the next key target for bulls aiming to capitalize on this rally.
From a technical perspective, the earlier dip to $2.70 appears to have acted as a strong support level, attracting buyers who have since driven the price upward. If this bullish trend sustains, the next resistance zone could be tested around $3.20-$3.25. However, traders should watch for potential pullbacks, particularly if the volume tapers off near key levels. Strategic profit-taking around resistance zones and disciplined risk management are critical for maximizing gains while mitigating downside exposure in this volatile market.
