🔥 $DEGO /USDT – Strong Breakout Momentum in the DeFi Sector

$DEGO has demonstrated impressive strength in recent sessions, currently trading around $1.638, up +13.75% over the last 24 hours. This surge highlights growing bullish momentum across the DeFi sector, as traders continue to accumulate positions amid renewed optimism.

After successfully rebounding from the $1.39 support zone, $DEGO has been consistently forming higher highs and higher lows, a classic sign of an ongoing uptrend. The token is now approaching a key resistance level at $1.64, marking its 24-hour high and a potential breakout point for further gains.

Trade Setup & Technical Outlook

Entry Zone: $1.60 – $1.63

Target 1: $1.70

Target 2: $1.78

Target 3: $1.85

Stop Loss: $1.53

If GEGO maintains support above $1.60, traders can expect a continuation of the bullish trend toward the $1.70+ zone. A confirmed breakout above $1.64 would likely trigger the next leg of bullish acceleration, opening the path for higher price targets in the short term.

Conclusion

The market structure and momentum both favor the bulls. As long as DEGO remains above the key support levels, the outlook stays strongly positive for traders seeking short-term opportunities in the DeFi space.

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