š $DEGO
/USDT Technical Analysis šÆ
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:
šÆ Target 1: $2.60
A minor resistance point based on recent price action. Breaking this level could confirm continued upward movement.
šÆ 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.
šÆ 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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