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$DEGO Spot DEGO Insights , DEGO experienced a slight price decline over the past 24 hours, with critical liquidity questions emerging. Here are the key insights: 1. Price Action: DEGO showed a minor 24hour decline, yet community anticipates a shortterm rebound. 2. Technical Signals: Mixed signals with bearish trend, but recent bullish momentum shift from MACD and RSI. 3. Market Liquidity: Zero recorded trading volume indicates significant illiquidity, raising concerns for market reliability. Positives 1. Momentum Shift: The MACD histogram has turned positive in recent hours, indicating a potential shortterm bullish momentum shift for DEGO, despite the overall negative MACD values. 2. Rebound Potential: The Relative Strength Index (RSI) has recovered from oversold conditions observed earlier, suggesting a potential relief bounce for DEGO after recent price lows. 3. Community Outlook: Community discussions highlight DEGO showing signs of bottoming out and rebounding by 5.53% against the broader market downtrend, with expectations of bullish setups. Risks 1. Bearish Trend: DEGO is currently in a clear downtrend, with the 7period, 25period, and 99period Exponential Moving Averages (EMAs) showing a consistent bearish alignment. 2. Liquidity Concerns: The provided technical data shows zero recorded trading volume for DEGO over the past 24 hours, indicating significant illiquidity and potential challenges for market participants. 3. Price Decline: DEGO's price has declined by 4.31% over the last 24 hours, reflecting ongoing selling pressure and a challenging market environment for the token. Community Sentiment 1. Optimistic Outlook: Community discussions show a cautiously optimistic view, with expectations of a shortterm rebound and potential bullish setups despite broader market weakness.
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Why $TON is down, I think it's all about Telegram Russian scammer .
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thank buddy 😁 no promotion
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$TON sees major regulatory wins as telegram's wallet secured an UZBEKISTAN license on Dec 10, Abu Dhabi approved USDT on Ton on Dec 9 .
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$DEGO updated it's cross chain NFT codebase on Dec 9 following on Archloot partnership announced on Dec 1.
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