DEGO/USDT Technical Analysis & Trade Signal
Current Price: $3.43 (+8.01% in 24h)
24h High: $3.44
24h Low: $2.699
Volume: 11.73M DEGO, 36.47M USDT
Key Technical Indicators:
SAR (Parabolic SAR): 3.002 to 3.475 (Bullish momentum)
Support Level: $2.699 (Strong support)
Resistance Level: $3.44 (Recent high)
Trade Signal:
Buy Signal: Current price at $3.43, showing an upward momentum.
Trade Momentum: Bullish (price up by +8.01% in 24h).
Market Trend: Positive short-term momentum, driven by a strong move above $3.40.
Target Levels:
1. Target 1 (Short-Term): $3.50 – Break above $3.44 could push prices toward this level.
2. Target 2 (Medium-Term): $3.75 – Further momentum could reach this level if market sentiment remains strong.
3. Target 3 (Long-Term): $4.00 – A break above $3.75 could push the price toward the next resistance level.
Stop-Loss:
Stop-Loss Level: $2.95 – Protect against a significant pullback, as this is near the SAR support level.
Conclusion: The DEGO/USDT pair is showing bullish momentum with price gains over the last 24 hours. Watch for a breakout above $3.44, targeting higher levels. Be cautious of a pullback to $2.95 as a stop-loss point.
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