đš $DEGO /USDT ALERT: Testing Key Levels â Potential for Upside! đš
$DEGO is trading at $3.22, up by +9.10% in the past 24 hours. After reaching a high of $3.55, the price is consolidating, showing signs of a potential breakout or retracement depending on volume and momentum.
đ Key Levels to Watch:
Resistance Targets:
1. $3.50 â Immediate resistance; a breakout above this level could reignite bullish momentum.
2. $3.80 â A strong mid-term target as buying interest could increase above $3.50.
3. $4.20 â A critical psychological level and long-term target for bulls.
Support Levels:
$3.00 â Key support to maintain the bullish structure.
$2.65 â A strong support zone in case of a deeper pullback.
đ Trade Setup:
Long Entry: Around $3.20â$3.25, with targets at $3.50, $3.80, and $4.20.
Stop Loss: Below $3.00 to manage risk effectively.
â ïž Note:
The market shows potential for volatility around $3.50. Watch for a breakout with rising volume to confirm further upside. Manage trades with tight risk management to capitalize on the momentum.