$DEGO is trading at $3.425, showing a strong 14.97% gain over the last 24 hours. The price is nearing its 24-hour high of $3.447, indicating bullish momentum with potential for further upside.
Trade Setup
Long Setup:
Entry: Above $3.450 (Breakout confirmation)
Stop Loss (SL): $3.300
Take Profit 1 (TP1): $3.650
Take Profit 2 (TP2): $3.850
Short Setup:
Entry: Below $3.300 (Breakdown confirmation)
Stop Loss (SL): $3.450
Take Profit 1 (TP1): $3.150
Take Profit 2 (TP2): $3.000
Technical Outlook
$DEGO is showing strong bullish sentiment. A breakout above $3.450 could extend gains toward $3.850. However, failure to hold above $3.300 may result in a retracement toward lower support levels.
Monitor volume and momentum for confirmation, and use disciplined stop-loss levels to manage risks effectively.
