$DEGO /USDT: Retracement Provides a Tactical Entry Opportunity
$DEGO /USDT is trading at $3.701, reflecting a 19.19% gain over the past 24 hours despite undergoing a retracement from its 24-hour high of $4.544. This correction offers a potential entry point for traders targeting a short-term recovery.
With resistance at $3.838 and immediate support at $3.511, the current setup suggests a tactical approach to capture gains within tight levels. A recommended entry price is around $3.700, with take-profit targets set at $3.750, $3.800, and $3.838 for calculated profits. To manage risk, a stop-loss at $3.500 is advised. DEGO remains a dynamic play with opportunities emerging in its recent pullback, appealing to traders with a keen eye on swift movements.