【$DEGO Signal】Short Squeeze Pullback, Second Leg Up
$DEGO surged 39% in a single day with volume and price alignment, breaking through the long-term downtrend line. A fund-driven reversal is confirmed. Current price has pulled back from the high of 1.429 to around 1.17, with 4H timeframe trading volume sharply contracting and selling pressure exhausted. Price remains resilient in a negative funding rate environment, with short positions facing squeeze risk. Pullbacks present buy opportunities.
🎯 Direction: Long
⚡ Entry: 1.165 - 1.172
🛑 Stop Loss: 1.046
🚀 Targets: 1.466 / 1.634
🛡 Strategy: Take profits at target 1 and reduce position by half, keep remainder at breakeven, targeting a higher breakout.
【$DEGO Signal】Short Squeeze Pullback, Second Leg Up
$DEGO surged 39% in a single day with volume and price alignment, breaking through the long-term downtrend line. A fund-driven reversal is confirmed. Current price has pulled back from the high of 1.429 to around 1.17, with 4H timeframe trading volume sharply contracting and selling pressure exhausted. Price remains resilient in a negative funding rate environment, with short positions facing squeeze risk. Pullbacks present buy opportunities.
🎯 Direction: Long
⚡ Entry: 1.165 - 1.172
🛑 Stop Loss: 1.046
🚀 Targets: 1.466 / 1.634
🛡 Strategy: Take profits at target 1 and reduce position by half, keep remainder at breakeven, targeting a higher breakout.
View Live Market 👇 $DEGO
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