I’m watching $DEGO closely today — the market really shifted fast. Price is around 0.6049 after dropping nearly 20% in the last 24 hours. Earlier, it pushed up to 0.7754, giving a glimpse of bullish momentum, but sellers quickly took control. The price slid down to a low near 0.5701, where buyers finally stepped in and the market bounced back to the 0.60 area. Right now, $DEGO is pausing after this intense move.
Trade Setup (Bullish Recovery)
Entry Zone: 0.595 – 0.605
Targets:
TP1: 0.645
TP2: 0.685
TP3: 0.725
Stop Loss: 0.570
Why this setup works:
I’m using the low near 0.570 as a strong support area. Buyers stepped in there, showing interest, and the short-term momentum is trying to recover. Entering around 0.595–0.605 allows me to ride the bounce while keeping risk controlled with a stop below the recent swing low. The targets align with previous resistance areas where price paused during the earlier push up, giving logical exit points.
This setup is about catching the bounce after a strong shakeout — the market has already shown that buyers are still present.
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