šØ BIG $DEGO SHORT LIQUIDATION! šØ
š„ A massive $8.8698K worth of short positions just got liquidated at $1.95632! This means bears are getting wrecked, and bulls might push even higher! Whatās next? Letās break it down.
š„ Whatās Next for $DEGO ?
Short liquidations create strong upward pressure, signaling possible continued momentum.
If buyers step in, $DEGO could see a fast breakout.
If resistance holds, a small pullback before the next move up is possible.
š Buy Zone (Best Entry Points)
ā $1.85 - $1.92 ā A strong support zone where buyers could step in.
ā $1.98 - $2.05 ā A breakout entry if bullish momentum continues.
š Targets (Where DEGO Could Go Next)
šÆ Target 1: $2.10 ā First resistance level.
šÆ Target 2: $2.25 ā Strong push if momentum stays strong.
šÆ Target 3: $2.40+ ā Full breakout rally if volume explodes!
š Stop Loss (Risk Management is Key!)
ā Conservative Stop: $1.80 ā Safe exit if price weakens.
ā Aggressive Stop: $1.75 ā Allows more room for volatility.
š„ Final Thoughts:
Short liquidations often fuel more upsideāwatch for a strong move!
If DEGO stays above $1.95, a breakout is likely.
If resistance is too strong, expect a dip before another push up.
ā” DEGO is heating upāare you ready for the next move? š
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