$DEGEN has demonstrated a bullish breakout from a parallel channel pattern. The price is currently supported by the 100-day Moving Average (MA). On a lower timeframe, DEGEN is forming a bullish pennant, indicating a potential continuation of the uptrend. This presents a favorable opportunity to accumulate here.
Entry Zone:
$0.0054 to $0.0076
Targets level:
Expecting 5x-6x
If you find this analysis helpful, please hit the like button to support my content! Share your thoughts in the comments and feel free to request any specific chart analysis you’d like to see.
Happy Trading!!