【DEGENUSDT Signal】Long: Healthy Pullback After Massive Breakout, Main Force Washing Intention Clear


DEGENUSDT showed textbook 【Volume-Price Resonance】and 【Structure Resonance】 on the 1-hour level.
At 00:00 Beijing time, price surged massively from 0.0008361 by over 19% to 0.000997, with hourly trading volume exploding to 11.66 billion, 38.5 times the previous hour. This is typical real money sweep behavior, absolutely not driven by retail traders. Although price retreated from the peak afterwards, the pullback process exhibited 【Healthy Pullback】characteristics: trading volume collapsed sharply from the peak (02:00-03:00 volume only 7%-14% of the massive volume period), and price found support and stabilized within the 0.000875-0.000895 range.
Currently on the chart, buy-side depth is significant. Order book shows buy orders 1-5 totaling over 2 million units, sell orders 1-5 totaling approximately 2.5 million, balanced buy-sell depth with no obvious selling pressure. 1-hour RSI at 67.54, within strong zone but not overheated, leaving room for further upside.

🎯 Direction: Long

⚡ Entry: 0.0008800 - 0.0008850

🛑 Stop Loss: 0.0008700

🚀 Targets: 0.0009500 / 0.0009800

🛡 Strategy: Reduce position by half at target 1, move remaining position stop loss up to entry price, risk-free play for higher targets.

Logic: Main force's massive volume surge at 00:00-01:00 is a clear position-building signal. The subsequent low-volume pullback is standard washing action, aimed at clearing floating chips of retail longs following at the bottom and previously trapped positions. Current price consolidating in the upper-middle portion of the massive bullish candle, with thick buy orders, indicating main force's strong intention to support, unwilling to let price fall back to cost area. Under negative funding rate (-0.03%) environment, short position costs increase, further weakening the momentum for sustained shorting. The path of least resistance is upward; main force only needs minimal capital to push price above previous highs, triggering short covering and retail following. Check live chart 👇 DEGENUSDT
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