0.0280
$DEGO just got smoked -50.88% in 24h and -47.2% in the last 4h. That’s not healthy selling, that’s liquidation-style pressure. 📉
RSI on 4h is 19, so yes, it’s oversold. But volume is only $678.68K, just 0.1x its 20d average, and price is still below the 20d and 50d MAs. Funding at 0.000% says longs are getting squeezed, not leading.
Small bounce? Maybe. Reversal? Not yet. 🧊
What am I missing on DEGO here?
#DEGO
#Altcoin
$DEGO just got smoked -50.88% in 24h and -47.2% in the last 4h. That’s not healthy selling, that’s liquidation-style pressure. 📉
RSI on 4h is 19, so yes, it’s oversold. But volume is only $678.68K, just 0.1x its 20d average, and price is still below the 20d and 50d MAs. Funding at 0.000% says longs are getting squeezed, not leading.
Small bounce? Maybe. Reversal? Not yet. 🧊
What am I missing on DEGO here?
#DEGO
#Altcoin