$DEGO is tightening the spring right now. Price is hovering at $0.453, up +1.8%, after dipping slightly to $0.451. I’m seeing buyers defend this zone, while lower-timeframe volatility compresses. This quiet, tight range is setting up for a potential breakout.
If price pushes above $0.464–0.470, I expect a quick run toward $0.49 and possibly $0.52. On the downside, losing $0.451 could open the door to a slip back to $0.43. Volume is quiet, range is tight… this is breakout loading in action.
Trade Setup:
Entry Zone: 0.454 – 0.460
Target Points: 0.49 (TP1), 0.52 (TP2)
Stop Loss: 0.449
Why this setup works:
I like this setup because $DEGO is consolidating near support with lower-timeframe volatility compressing. Buyers are active around 0.451, so the risk is defined. A clean push above 0.464–0.470 would likely trigger a short-term breakout fueled by the compression, giving a favorable risk-to-reward. The stop at 0.449 protects against a false breakdown, keeping the trade controlled.
I’m watching closely—if it breaks out, the momentum can be quick, and the targets are realistic based on the current structure.
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