$DEGO Signal】Pullback to buy, with a clear intention of capital support


$DEGO 1H timeframe shows a pullback with decreasing volume, and the price finds support around 0.311 near the EMA20. The 4H MACD fast and slow lines are still above the zero axis, and the bullish structure has not been broken. Based on order book data, the thickness of buy limit orders in the 0.310 to 0.311 range far exceeds that of sell orders, fully exposing the capital support intention.

🎯 Direction: Long

⚡ Entry/Order: 0.3074 - 0.3095

🛑 Stop Loss: 0.2998

🚀 Target 1: 0.3291

🚀 Target 2: 0.3388

🛡️ Trade Management:
- Execution Strategy: After reaching Target 1, reduce the position by 50%, and move the stop loss up to the break-even level. If the price drops back to the entry level, automatically exit to protect the principal.

With open positions remaining stable in a negative funding rate environment, the shorts are not actively applying pressure. The 1-hour RSI rebounds from the oversold zone, forming the early shape of a bullish divergence with the price. In the 4H Bollinger Bands, the middle band at 0.2902 provides strong support. The current price is between the middle and upper bands, and the upside room is greater than the downside risk. In this kind of market, waiting patiently for a pullback structure is more reliable than chasing highs.

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