$DEGO Technical Analysis: A Bullish Outlook

Current Situation:

DEGO is currently trading at $2.08, up 1.51% in the last 24 hours. The price is hovering near the middle Bollinger Band (MB), indicating potential volatility. The 24-hour trading volume is healthy, suggesting active market participation.

Potential Trade Setup:

* Long Entry: Wait for a break above the upper Bollinger Band (UP) at $2.176.

* Long Target: Aim for the resistance level at $2.344.

* Long Stop Loss: Place below the lower Bollinger Band (DN) at $1.767.

Market Outlook:

The current price action suggests a bullish trend. A break above the upper Bollinger Band could signal a strong upward movement.

Leverage:

Use appropriate leverage based on your risk tolerance and experience. Higher leverage can amplify both profits and losses.

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Disclaimer:

This is not financial advice. Please do your own research before making any investment decisions.