$DEGEN suddenly surged 🔥, I have searched and organized the following reasons:
- The downtrend has successfully broken and tested again, with prices expected to soar: technical charts show DEGEN entering a recovery phase, support levels are solid, supporting a short-term pump.
- The team has arrived in LA, and the community is highly active: the DEGEN team will take action after being "fed," signaling a major event is cooking, triggering FOMO to lock in buys.
- Overall sentiment is 90% positive: focusing on community momentum and technical advantages, with no obvious negatives, similar to FOMO driven by institutional interest and collaboration announcements.
Worth buying, low risk: the upward trend combined with team dynamics and technical support provides a reliable entry point, but be wary of low volume fluctuations over the weekend as a FOMO trap.
