🚀 $DEGO Explosive Rally — Can the Momentum Continue?
After a powerful surge from the previous base around $0.25, $DEGO has delivered an impressive bullish expansion on the 1H timeframe. The price is currently maintaining strong momentum above the EMA7 and EMA25, while the EMA structure remains widely bullish, reflecting strong short-term buying pressure.
The RSI is already moving in the overbought zone, which suggests that the rally has been very aggressive. However, strong trends can sometimes keep the RSI elevated while the price continues pushing higher.
📍 Suggested Entry Zone:
$0.60 – $0.63
📊 Support Zone to Watch:
$0.55 – $0.58
📈 Potential Upside Levels:
$0.68
$0.72
Traders may want to monitor whether the price can maintain its position above the short-term EMA support and continue building momentum toward the next resistance levels.
✨ Trade Smart. Manage Risk. Always #dyor