Post
KhalidCrypto1
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Bullish$DEGO /USDT BULLISH MOMENTUM CONTINUES – LONG ENTRY SETUP
$DEGO/USDT is showing strong bullish momentum after a solid rebound from the 1.54 support zone, gaining nearly 10% within 24 hours. The breakout above 1.70 resistance indicates renewed buyer dominance, supported by increasing trading volume and strong candle formations on the 4H timeframe.
Technical Outlook:
The asset has formed higher highs and higher lows, signaling sustained bullish pressure.
RSI remains in the positive zone, confirming momentum strength.
A minor pullback toward 1.74–1.76 could offer a favorable long entry before the next leg up.
ENTRY: Long above 1.76
TP1: 1.82 | TP2: 1.88 | TP3: 1.95
SL: Below 1.70
Risk Management:
Limit risk exposure to 2–3% per trade and trail stop-loss after hitting the first target to protect gains.
#TechnicalAnalysis #CryptoTrading #BullishSetup #DeFiTokens #PriceAction
$DEGO/USDT is showing strong bullish momentum after a solid rebound from the 1.54 support zone, gaining nearly 10% within 24 hours. The breakout above 1.70 resistance indicates renewed buyer dominance, supported by increasing trading volume and strong candle formations on the 4H timeframe.
Technical Outlook:
The asset has formed higher highs and higher lows, signaling sustained bullish pressure.
RSI remains in the positive zone, confirming momentum strength.
A minor pullback toward 1.74–1.76 could offer a favorable long entry before the next leg up.
ENTRY: Long above 1.76
TP1: 1.82 | TP2: 1.88 | TP3: 1.95
SL: Below 1.70
Risk Management:
Limit risk exposure to 2–3% per trade and trail stop-loss after hitting the first target to protect gains.
#TechnicalAnalysis #CryptoTrading #BullishSetup #DeFiTokens #PriceAction
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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