$DEGO 🚨 DEGO/USDT Technical Analysis 🚨
📊 Current Price: $1.93
🔴 24h Change: -3.35%
📈 24h High: $2.008 | 24h Low: $1.857
🔄 24h Trading Volume: 968,857.15 DEGO | 1.87M USDT
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Technical Breakdown:
The DEGO/USDT pair has been facing a slight downtrend after reaching its 24h high of $2.008. Currently priced at $1.93, DEGO has been fluctuating between the low of $1.857 and the high of $2.008 within the last 24 hours.
Looking at key levels:
1. Target 1: $1.85 – Support Zone
This level could provide a strong support for DEGO if the price dips further. If the price approaches this zone, we could expect potential buying interest, leading to a bounce back.
2. Target 2: $2.00 – Resistance Level
The $2.00 mark is a critical resistance. A break above this level could indicate bullish momentum, setting the stage for further upward movement.
3. Target 3: $2.05 to $2.10 – Strong Bullish Zone
If DEGO manages to break through the $2.00 resistance, we could see it push toward the $2.05 to $2.10 range. This area has been a significant level in the past, and a breakout here could lead to continued upward momentum.
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Key Notes:
Watch for price movement around the $1.85 support and $2.00 resistance.
Volume analysis suggests a relatively steady market, with no significant volume spikes, indicating consolidation or potential breakout.
Keep an eye on the broader market sentiment, as it may influence DEGO’s price action.
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