$DEGO
/USDT Stabilizes After a Surge: What’s Next for This DeFi Token?
DEGO/USDT is currently trading at $3.18, reflecting a 0.69% gain in the past 24 hours. The price surged from a low of $2.70 to a high of $3.24 before stabilizing, signaling strong early momentum followed by consolidation. The RSI at 57.09 indicates a balanced market, suggesting there’s still room for further upward or downward movement.
The MACD shows a slight bearish divergence, hinting at potential short-term consolidation. Immediate resistance at $3.24 remains a critical level to break; a successful move above this could propel DEGO toward $3.40 or higher. On the downside, support at $3.07 is key to maintaining the current bullish structure. A break below this level might lead to a retest of $2.87.
With growing trading volumes and moderate momentum, DEGO is in a crucial position for its next significant move. Traders should watch these levels carefully to capitalize on opportunities as they arise. Will DEGO break out further or consolidate at its current range? Stay tuned for updates.