šŸš€ $DEGO

/USDT Technical Analysis šŸŽÆ

Current Price: $2.54 (+8.19%)

DEGO has shown strong bullish momentum, breaking key resistance levels with increased volume. Here's a breakdown of potential targets:

šŸŽÆ Target 1: $2.60

A minor resistance point based on recent price action. Breaking this level could confirm continued upward movement.

šŸŽÆ Target 2: $2.75

This mid-term resistance aligns with Fibonacci retracement levels. A move past here indicates growing trader confidence and potential breakout opportunities.

šŸŽÆ Target 3: $3.00

A psychological level and strong resistance. If DEGO reaches this point, it could signal a significant trend reversal or bullish rally continuation.

Indicators to Watch:

RSI: Currently edging toward overbought, signaling potential for short-term consolidation.

Volume: High trading volume supports bullish continuation.

Support Level: $2.30 acts as a strong base for any retracement.

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