$DEGO #DEGOTechnicalAnalysis /USDT perpetual contract trading page with the following key data:
1. *Last Price*: 0.5651 USDT (ر.س 2.11, +68.74%).
2. *Mark Price*: 0.5642.
3. *24h High*: 0.6835.
4. *24h Low*: 0.3218.
5. *24h Volume (DEGO)*: 900.72 M.
6. *Moving Averages (MA)*:
- MA(7): 0.5817.
- MA(25): 0.5643.
- MA(99): 0.4244.
1. *
$DEGO Entry Target*:
- *Price*: around *0.5651* (current last price) or a breakout above the recent high *0.6835* for a more aggressive entry.
2. *Stop Loss*:
- *Placement*: below the recent swing low or support level, e.g., *0.3951* or a tighter level like *0.52* (just below the moving averages).
3. *Risk Management*:
- Set a risk‑reward ratio (e.g., 1:2 or 1:3).
- Determine position size based on the distance between entry and stop loss.
4. *
$DEGO Additional Considerations*:
- Confirm the trend with indicators (MA, volume).
- Watch for resistance at *0.6835* and potential breakout.
The chart indicates a strong bullish trend in the last 24 hours with a significant price jump and high volume.
#DEGO/USDT #MarketPullback #SolvProtocolHacked #USJobsData