【$DEGO Signal】Short Squeeze Pullback, Second Upside Attack
$DEGO 4H timeframe surged 38% in a single day, with volume expanding in a ladder pattern, obvious main force accumulation traces. Current price retraced from high of 1.429 to around 1.16 on low volume, selling pressure exhausted, and buy-side depth significantly stronger than sell-side (depth imbalance -15.07%), this is a typical healthy pullback after short squeeze. Price holding strong in negative funding rate environment, with continuous forced liquidation pressure on shorts.
🎯 Direction: Long
⚡ Entry: 1.155 - 1.165
🛑 Stop Loss: 1.03
🚀 Target: 1.47 / 1.65
🛡 ️Strategy: Close half position at target 1, move remaining to breakeven, pursue higher targets.
【$DEGO Signal】Short Squeeze Pullback, Second Upside Attack
$DEGO 4H timeframe surged 38% in a single day, with volume expanding in a ladder pattern, obvious main force accumulation traces. Current price retraced from high of 1.429 to around 1.16 on low volume, selling pressure exhausted, and buy-side depth significantly stronger than sell-side (depth imbalance -15.07%), this is a typical healthy pullback after short squeeze. Price holding strong in negative funding rate environment, with continuous forced liquidation pressure on shorts.
🎯 Direction: Long
⚡ Entry: 1.155 - 1.165
🛑 Stop Loss: 1.03
🚀 Target: 1.47 / 1.65
🛡 ️Strategy: Close half position at target 1, move remaining to breakeven, pursue higher targets.
View real-time chart 👇 $DEGO
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