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【$DEGO Signal】Short squeeze continuation / pullback confirmation
$DEGO 4H level price and volume surged together, breaking previous highs. A single-day increase of 56% accompanied by a surge in trading volume confirms a capital-driven breakout. Under a negative funding rate environment, prices remain steadily firm, and passive short position liquidations accumulate. The 1-hour level pullback with decreasing volume to EMA20 (1.1152) finds support, with strong buying interest, maintaining an intact short squeeze structure.
🎯 Direction: Long
⚡ Entry: 1.3400 - 1.3500
🛑 Stop Loss: 1.3000
🚀 Targets: 1.4825 / 1.6690
🛡 Strategy: Reduce half of the position upon reaching the first target, and move the remaining position to breakeven.
View live chart 👇 $DEGO
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