【$DEGO Signal】Long - 1H Pullback Confirmation, Obvious Intention of Main Force to Support the Market

$DEGO 1H level is currently in a healthy pullback and consolidation phase after yesterday's sharp surge. The price found support near 1.07, and 1H RSI has retreated from its high to 56, accumulating strength for another rally. Looking at the 4H level, the price is firmly standing above all key moving averages, the trend structure is intact, and position holdings remain stable, indicating that the main force capital has not left but is rotating at higher levels. Currently, the bid depth is substantial, with selling pressure concentrated around 1.074. A breakthrough will open upside space.

🎯Direction: Long

⚡Entry/Order: 1.0180 - 1.0443

🛑Stop Loss: 0.9670

🚀Target 1: 1.3533

🚀Target 2: 1.5078

🛡️Trade Management:
- Execution Strategy: When price reaches Target 1, reduce position by 50% to lock in profits and move the stop loss of the remaining position up to entry price. If the price fails to break through 1.074 and falls back below the lower end of the entry zone, it should be viewed as weakness and exit decisively.

Deep Logic: Although the price has retreated from its high, position holdings have not decreased significantly. Combined with negative funding rates, this suggests that shorts are attempting but have not formed effective suppression, with potential for a short squeeze. The 1H EMA20 (1.0495) constitutes dynamic support, and price pullback to this area is an excellent second entry opportunity. The 4H EMA50 (0.7318) is strong trend support, providing a solid safety cushion for this rally.

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