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Technical Analysis: $DEGO
/USDT - Key Price Targets 🎯
The DEGO/USDT pair is showing promising upward movement with a recent price of $3.074, up by 3.33%. As we dive deeper into the price action, here are three key targets to watch for in the near term:
1️⃣ Target 1: $3.150 – A slight resistance point, where DEGO might encounter some consolidation. A breakthrough here could signal further bullish momentum.
2️⃣ Target 2: $3.250 – The 24-hour high, representing a strong resistance level. If DEGO pushes past this point, we could see an extension to the upside.
3️⃣ Target 3: $3.350 – The next potential resistance level. A clear breakout above this level could lead to significant upward movement, possibly attracting more buyers into the market.
Key Support: $2.950 – If DEGO drops below this level, we may see further retracement towards lower levels.
Keep an eye on these price points for potential trading opportunities. As always, be mindful of market conditions and manage your risk accordingly! 🚀
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