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【$DEGO Signal】Pullback to buy, capital support exposure revealed
$DEGO After a sharp rise on the 1H timeframe, a pullback occurs, buying depth is unbalanced, and there is a very thick order wall around 0.3565 below, fully exposing the capital support intention. The 4H MACD histogram is still expanding, but the price has already broken above the Bollinger Band upper band, indicating short-term overheating.
🎯Direction: Long
⚡Entry/Order: 0.3565 - 0.3580
🛑Stop Loss: 0.3276
🚀Target 1: 0.3602
🚀Target 2: 0.3732
🛡️Trade Management:
- Execution Strategy: Reduce half of the position after the price reaches 0.3602, and move the remaining stop loss up to the entry price. If the price cannot hold above 0.3580 and quickly falls back, exit immediately.
Position size remains stable, no panic selling during sharp price fluctuations, and main force support actions are obvious. The 1-hour RSI hovers around 70, momentum has not yet exhausted, but the 4-hour level has already moved out of the Bollinger Band upper band, and the short-term risk-reward ratio remains attractive. The buy wall below is the current strongest logic; if broken, the logic fails.
View real-time market 👇 $DEGO
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