【$DEGO Signal】Pullback to add longs + 1H strong rebound off EMA20, main force clearly protecting the market

$DEGO On the 1H timeframe, after a massive rally, a healthy pullback is underway, with the price supported near the key EMA20 moving average, forming a high-level consolidation structure. The 4H chart shows an epic bullish candle confirming a strong trend, with the current candlestick closing above the previous high, indicating a consolidation phase after breakout. Market depth shows substantial buy orders, and the funding rate is negative, suggesting potential for a short squeeze.

🎯Direction: Long

⚡Entry/Order: 0.326 - 0.334

🛑Stop Loss: 0.315

🚀Target 1: 0.385

🚀Target 2: 0.410

🛡️Trade Management:

- Execution Strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price. If the price fails to break through 0.385 and falls back into the lower part of the entry zone, consider exiting and observing.

(Depth Logic: The 4H volume surges, with a 35% price spike, a clear signal of main capital entering. Although the 1H RSI has pulled back from overbought levels, it remains healthy, and open interest stays stable, indicating that retail traders are not simply chasing highs. The current pullback to the 1-hour EMA20 and the optimized entry zone presents an excellent second entry opportunity. The recent strong support at 0.3218 below, breaking below would damage the short-term structure. )

View real-time market 👇 $DEGO

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