🚨 DEGO TRADE ANALYSIS
$DEGO is currently trading around $0.61 after a strong rally of more than 60% in the last 24 hours.
The price recently pushed up to around $0.68, which is now acting as the key resistance level.
After the breakout, DEGO is now consolidating above its short-term moving averages, which suggests buyers are still in control for now.
Key levels traders are watching:
• Resistance: $0.68 – $0.70
• Support: $0.55 – $0.57
• Major support: around $0.50
If DEGO breaks above $0.70, it could trigger another momentum move as traders chase the breakout.
However, if the price loses the $0.55 support, a pullback toward $0.50 is possible as the market cools after the sharp pump.
For now, the trend remains short-term bullish, but volatility is expected after such a strong move.
$DEGO 👀📈
