【$DEGO Signal】Pullback confirmation, bulls make a second push

$DEGO 1H level pullback to EMA20 followed by a strong rally, 4H Bollinger Bands opening upward, price breaking above the upper band. MACD double-cycle golden cross continues to expand, open interest remains stable in a negative funding rate environment, and the short sellers are passively covering, with increasing pressure.

🎯Direction: Long

⚡Entry: Enter at the current price of 0.3465, or place a limit order around 0.3400.

🛑Stop Loss: Below 0.3300

🚀Target 1: 0.3610

🚀Target 2: 0.3890

🛡️Trade Management:
- Execution Strategy: After reaching Target 1, halve the position; move the remaining stop loss up to the entry price. If the price falls below 0.3400 support, exit proactively and observe.

Buy orders on the order book are significantly accumulated in the 0.3450-0.3460 range, with depth imbalance favoring buyers. The 1-hour trading volume has decreased after the rally, indicating healthy turnover rather than distribution. The 4-hour timeframe has broken through a week-long downtrend line resistance, making the risk-reward ratio at this level worth a try, but be cautious of short-term pullbacks from profit-taking at high levels.

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