๐ฅHereโs a clear and updated technical analysis and trade signal for $DEGO

/USDT ๐๐ฅ
๐ฉ DEGO/USDT โ Technical Analysis
Current Price: $1.138
Change (24h): -44.70% ๐ป
Category: DeFi Token
24h Range: $1.012 โ $2.239
24h Volume: 49.73M USDT
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๐ Market Overview
Trend: Deep correction after strong bullish rally.
Current Bias: Oversold zone with possible technical rebound.
Support Levels: $1.00 and $0.92
Resistance Levels: $1.35, $1.55, and $1.75
RSI (4H): 36 โ indicating oversold condition.
MACD: Showing decreasing bearish momentum โ early signs of stabilization.
Volume: High trading activity โ possible bottom-building zone.
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๐น Trade Signal
Signal Type: ๐ฏ Short-Term Reversal / Buy Setup
Buy Entry: $1.05 โ $1.12
Stop-Loss: $0.95
๐ฏ Targets:
Target 1: $1.30
Target 2: $1.48
Target 3: $1.65
Risk/Reward: 1:2.8
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๐ก Pro Tip
> DEGO has entered a deep oversold region after massive profit-taking.
Look for confirmation candles near $1.05 support before entering.
Once price sustains above $1.35, it may trigger a momentum recovery toward $1.65.
Ideal for swing traders aiming for quick rebound trades with controlled risk.