منشور
$DEGO 1H – Bounce Opportunity After 25% Crash?
Long $DEGO
• Entry: 0.2090 – 0.2130
• Stop Loss: 0.2000
Targets:
• TP1: 0.2200
• TP2: 0.2400
• TP3: 0.2600
DEGO just experienced a sharp capitulation move after dropping over 25%, flushing weak hands and triggering a wave of panic selling. The rapid fall from the 0.3073 region sliced through multiple support levels, but price has now started to stabilize around the 0.2120 support zone, which is acting as a key psychological and structural floor on the 1H chart.
After the heavy sell-off, the last few candles are showing decreasing selling pressure and early signs of a recovery bounce, suggesting that buyers are beginning to step back in. This type of setup often leads to a short-term relief rally as oversold conditions reset and momentum traders attempt to capture the rebound.
As long as 0.2000 holds as the invalidation level, the probability favors a bounce toward nearby resistance zones at 0.2200, 0.2400, and potentially the 0.2600 structure level if momentum accelerates.
However, traders should remain cautious — this is a high-volatility rebound setup, not a confirmed trend reversal. Watch for stronger volume on green candles to confirm buyer control.
Trade $DEGO here 👇🏻
{future}(DEGOUSDT)
#DEGOUSDT #CryptoTrading #BinanceSquare
Long $DEGO
• Entry: 0.2090 – 0.2130
• Stop Loss: 0.2000
Targets:
• TP1: 0.2200
• TP2: 0.2400
• TP3: 0.2600
DEGO just experienced a sharp capitulation move after dropping over 25%, flushing weak hands and triggering a wave of panic selling. The rapid fall from the 0.3073 region sliced through multiple support levels, but price has now started to stabilize around the 0.2120 support zone, which is acting as a key psychological and structural floor on the 1H chart.
After the heavy sell-off, the last few candles are showing decreasing selling pressure and early signs of a recovery bounce, suggesting that buyers are beginning to step back in. This type of setup often leads to a short-term relief rally as oversold conditions reset and momentum traders attempt to capture the rebound.
As long as 0.2000 holds as the invalidation level, the probability favors a bounce toward nearby resistance zones at 0.2200, 0.2400, and potentially the 0.2600 structure level if momentum accelerates.
However, traders should remain cautious — this is a high-volatility rebound setup, not a confirmed trend reversal. Watch for stronger volume on green candles to confirm buyer control.
Trade $DEGO here 👇🏻
{future}(DEGOUSDT)
#DEGOUSDT #CryptoTrading #BinanceSquare
إخلاء المسؤولية: تتضمن آراء أطراف خارجية. ليست نصيحةً مالية. يُمكن أن تحتوي على مُحتوى مُمول. اطلع على الشروط والأحكام.