🔥 $DEGO Short Liquidation: $5.01K at $4.17526! 🔥

$DEGO just hit $4.17526, triggering a massive short liquidation worth $5,013.20! This signals strength from the bulls—could a new rally be starting? Let’s break it down and plan for what’s next!

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What’s Next for $DEGO?

1. Buy Zone (Look for a Pullback):

Ideal entry range: $4.10 - $4.20. A slight dip to this zone could offer a good buying opportunity.

2. Target Levels (Aim for These):

Short-Term Target: $4.40

Mid-Term Target: $4.60

Long-Term Target: $5.00

3. Stop Loss (Protect Your Capital):

Set your stop loss just below $4.00 to limit your downside risk.

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Why Could Keep Moving Higher

Short Liquidation Squeeze: The liquidation at $4.17526 shows that bears are being forced out of positions. This often leads to more buying pressure, pushing prices higher.

Support Zone: The $4.10 - $4.20 range has held previously, making it a solid level for price to bounce off.

Volume Surge: Increased market activity suggests growing interest, which could fuel a further rise.

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Pro Tips for $DEGO Traders

Watch for a Confirmation Bounce: Don’t rush in—wait for price to hold support in the buy zone before entering.

Risk Management: Always have a stop loss in place and avoid entering too early during high volatility.

Stay Disciplined: Set realistic targets, and take profits when you hit key levels.

💡 What’s your strategy? Are you buying the dip or waiting for more confirmation? The market is moving fast—stay smart, stick to your plan, and let the price action guide you!

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