【$DEGO Signal】Short squeeze pullback, long position sniper

$DEGO 1After a violent surge on the H level, the price has already broken through the upper band of the 4H Bollinger Bands, and RSI has spiked to 74. Buy-side order depth is accumulating around 0.35, but sell pressure above the current price at 0.357 is starting to show.

🎯 Direction: Pull back to go long

⚡ Entry/Order placement: Enter in batches within the 0.289 - 0.297 range

🛑 Stop loss: 0.286

🚀 Target 1: 0.339

🚀 Target 2: 0.360

🛡️ Trade management:
- Execution strategy: After reaching Target 1, reduce the position by 50%, and move the stop loss up to break-even. If the price falls back to the entry level, you will automatically exit to protect your principal.

The MACD histogram on the 4H timeframe is expanding strongly, confirming the start of the trend. The negative funding rate, together with stable open interest, keeps the short-squeeze logic of passive short covering intact. The 1-hour trading volume significantly amplifies during the rally—this is real money entering the market, not a false breakout. The current risk-reward ratio is close to 4:1, making it worth taking a relatively small risk to capture upside potential. The price is far away from the 1H EMA20, so chasing the high directly carries much higher risk—wait patiently for a healthy pullback.

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