#DEGO/USDT – Bullish Breakout Setup | 1H Chart Analys#DEGO
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest.
We are experiencing a bounce from the lower boundary of the descending channel. This support is at 1.10.
We have a downtrend on the RSI indicator that is about to be broken and retested, supporting the upside.
There is a major support area in green at 1.08, which represents a strong basis for the upside.
Don't forget a simple thing: ease and capital.
When you reach the first target, save some money and then change your stop-loss order to an entry order.
For inquiries, please leave a comment.
We are in a consolidation trend above the 100 Moving Average.
Entry price: 1.14.
First target: 1.17.
Second target: 1.20.
Third target: 1.22.
Don't forget a simple thing: ease and capital.
When you reach the first target, save some money and then change your stop-loss order to an entry order.
For inquiries, please leave a comment.
Thank you.
Degousdtlong
DEGOUSDT Forming Bullish WaveDEGOUSDT is emerging as a strong contender for traders who are looking for high-potential altcoins with an impressive upside. The chart is currently forming a good bullish wave pattern, which is often a reliable signal for the start of a major uptrend. This setup, combined with steadily increasing trading volume, indicates that buyers are stepping in aggressively. The projected gain of 190% to 200%+ shows just how much potential this crypto pair holds for swing and position traders eyeing explosive moves in the DeFi sector.
Many market participants are paying close attention to DEGOUSDT because it consistently demonstrates strong volatility and clear technical patterns, making it an attractive asset for both short-term and long-term strategies. As the broader crypto market begins to regain momentum, coins like DEGO are becoming more appealing, especially with fresh capital flowing into altcoins that show healthy bullish structures. The current wave pattern suggests that once the price confirms its breakout levels, a powerful rally could be underway, capturing the attention of new investors.
Another key point that supports this bullish outlook is the active community and innovative utility that DEGO Finance brings to the DeFi ecosystem. With partnerships and developments on the horizon, sentiment around the project continues to improve. Investors are keen to position themselves early in projects like this before the next major leg up. If the current trend holds, DEGOUSDT could outperform many of its peers and deliver exceptional returns in the upcoming months.
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#DEGO/USDT#DEGO
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading toward a strong breakout and retest.
We are experiencing a rebound from the lower boundary of the descending channel, which is support at 1.23.
We are experiencing a downtrend on the RSI indicator that is about to break and retest, supporting the upward trend.
We are heading toward stability above the 100 Moving Average.
Entry price: 1.24
First target: 1.25
Second target: 1.26
Third target: 1.80
#DEGO/USDT#DEGO
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading towards a strong breakout and retest.
We are experiencing a rebound from the lower boundary of the descending channel, which is support at 1.04.
We are experiencing a downtrend on the RSI indicator that is about to be broken and retested, supporting the upward trend.
We are heading for stability above the 100 Moving Average.
Entry price: 1.050
First target: 1.076
Second target: 1.097
Third target: 1.12
#DEGO/USDT#DEGO
The price is moving within a descending channel on the 1-hour frame and is expected to break and continue upward.
We have a trend to stabilize above the 100 moving average once again.
We have a downtrend on the RSI indicator that supports the upward move with a breakout.
We have a support area at the lower limit of the channel at 1.19, acting as strong support from which the price can rebound.
Entry price: 1.26
First target: 1.31
Second target: 1.37
Third target: 1.46
#DEGO/USDT#DEGO
The price is moving within a descending channel on the 1-hour frame and is expected to break and continue upward.
We have a trend to stabilize above the 100 moving average once again.
We have a downtrend on the RSI indicator that supports the upward move with a breakout.
We have a support area at the lower boundary of the channel at 1.94, which acts as strong support from which the price can rebound.
Entry price: 1.98
First target: 2.02
Second target: 2.07
Third target: 2.13
#DEGO/USDT#DEGO
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest.
We are experiencing a rebound from the lower boundary of the descending channel, which is support at 1.76.
We are experiencing a downtrend on the RSI indicator that is about to be broken and retested, supporting the upward trend.
We are looking for stability above the 100 Moving Average.
Entry price: 1.79
First target: 1.83
Second target: 1.92
Third target: 2.02
#DEGO/USDT#DEGO
The price is moving within a descending channel on the 1-hour frame and is expected to continue lower.
We have a trend to stabilize below the 100 moving average once again.
We have a downtrend on the RSI indicator that supports the upward move with a breakout.
We have a resistance area at the upper limit of the channel at 1.823.
Entry price: 1.803
First target: 1.77
Second target: 1.74
Third target: 1.700
#DEGO/USDT#DEGO
The price is moving in a descending channel on the 1-hour frame and is adhering to it well and is heading to break it upwards strongly and retest it
We have a bounce from the lower limit of the descending channel, this support is at a price of 1.75
We have a downtrend on the RSI indicator that is about to break and retest, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 1.86
First target 1.90
Second target 2.00
Third target 2.10
#DEGO/USDT#DEGO
The price is moving in a descending channel on the 1-hour frame and is expected to continue upwards
We have a trend to stabilize above the moving average 100 again
We have a descending trend on the RSI indicator that supports the rise by breaking it upwards
We have a support area at the lower limit of the channel at a price of 2.10
Entry price 2.28
First target 2.47
Second target 2.65
Third target 2.85
Dego/Usdt Plan Dego/USDT is currently consolidating within a box setup on the higher time frame. This consolidation phase often indicates accumulation, which could lead to a significant breakout in either direction.
The current setup suggests patience is key, as a breakout from this range could result in a strong directional move. Traders should closely monitor the price action near the box boundaries, as a confirmed breakout could open the door to substantial gains. However, always manage your risk and avoid over-leveraging, as fakeouts are possible.
As always, this is not financial advice—conduct your own research before making any decisions.
#DEGO/USDT#DEGO
The price is moving in a descending channel on the 4-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at 1.555
We have an upward trend, the RSI indicator is about to break, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 1.83
First target 2.02
Second target 2.30
Third target 2.60
#DEGO/USDT#DEGO
Our price is moving downwards on a 4-hour frame and is about to break through to the upside in 3 stages
We have a bounce from the lower border of the channel from the support area at 1.44 and we have a green support level at 1.60.
We have a tendency to stabilize above the Moving Average 100
We have an uptrend on the RSI indicator that is heading up
Entry price is 1.60
The first goal is 1.88
Second goal 2.11
Third goal 2.40
#DEGO/USDT#DEGO
The price is moving in a downward channel on a 4-hour frame and is adhering to it well, and the price has rebounded from the green zone. It is expected after the correction.
After rebounding from a significant decline, the downside gap is expected to be filled
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that is expected to break higher to support the rise
Entry price is 2.20
The first goal is 2.54
Second goal 2.76
Third goal 3.00
DEGO/USDTSPOT BUY PLAY:
DEGO/USDT BROKE the consolidation range and retested it in 4 Hrs timeframe. Once it retest the same in bigger timeframe. That's where the game begins.
Buy Zones are always mentioned on the charts itself with potential TAKE-PROFIT zones.
STOP-LOSS = 25% below the average buying price
TAKE-PROFIT zones are mentioned in the chart itself. DYOR.
Always DO YOUR OWN RESEARCH before taking any trade or before investing your hard earned money.
Suggestion/Tip – It is always better to take profit, whether all the zones are bought or not.
Suggestion/Tip 2 - When price is moving on right way
"it is always recommended to move stop-loss to profit side".
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