$DEGEN is stalling. Price dips slightly to $0.0014984, down 0.21%. Market cap is steady at $31.10M, supported by a massive community of 1.15M holders, but on-chain liquidity is thin at $874K. The FDV of $55.39M presents a significant overhang. Technically, the token is caught in a squeeze. It is trading just above the 7-day MA at $0.0014951 but faces immediate resistance at the 25-day MA of $0.0015675. The long-term 99-day MA provides a key support level at $0.0014172. Volume has picked up modestly to 15.2K but remains below recent averages. This is a tense equilibrium. The battle lines are clear: a break above $0.0015675 is needed for bullish momentum, while a failure that breaks the $0.0014172 support could trigger a sharper decline. With over a million holders watching, the next move will be decisive.

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