📊 $DEGO

/USDT Technical Analysis – Binance Update

The DEGO/USDT trading pair has shown positive momentum recently, with the price currently trading at $3.101 (+1.87%). Here’s a breakdown of the technical analysis and our projected price targets:

🔍 Key Market Data

Current Price: $3.101

24h High: $3.201

24h Low: $3.002

24h Volume: 1.28M DEGO ($3.94M USDT)

Market Sentiment: Bullish with gradual upward momentum.

🎯 Key Price Targets

1. Target 1: $3.50 (Short-term Resistance)

The first significant resistance level sits near $3.50. Breaking above this could signal stronger bullish momentum, attracting more buyers.

2. Target 2: $4.00 (Medium-term Resistance)

If the rally continues, $4.00 serves as a critical psychological level. Traders should monitor volume closely as a breakout above this zone could lead to increased volatility.

3. Target 3: $4.50 (Long-term Resistance)

A sustained move above $4.50 may confirm a long-term trend reversal, opening the doors for DEGO to reclaim higher levels not seen in months.

📈 Technical Indicators

Support Levels: $2.50 - $3.00

Resistance Levels: $3.50 - $4.50

RSI: Near neutral but trending upward, signaling room for further growth.

MACD: Bullish crossover indicating growing momentum.

🔔 Trading Strategy

Short-term traders: Watch the $3.50 level for potential rejection or breakout. Tight stop-loss recommended near $3.00.

Mid to long-term traders: A confirmed breakout above $4.00 could set the stage for significant gains. Monitor overall market trends closely.

🚀 Stay tuned to Binance for live updates on DEGO/USDT! Happy trading!