【$DEGO Signal】Short squeeze pullback, second attempt to break higher

$DEGO on the 4H chart surged 38% in a single day, with volume expanding in a stepwise manner and clear traces of major fund accumulation. The current price has pulled back from the high of 1.429 to around 1.16 on decreasing volume, with selling pressure exhausted, and buy-side depth significantly stronger than sell-side depth (depth imbalance -15.07%), indicating a healthy correction after a short squeeze. In a negative funding rate environment, prices remain resilient, and the pressure from forced short liquidations continues.

🎯 Direction: Long

⚡ Entry: 1.155 - 1.165

🛑 Stop Loss: 1.03

🚀 Targets: 1.47 / 1.65

🛡 Strategy: Close half of the position at the first target, move the remaining to breakeven, and aim for higher targets.

View real-time market 👇 $DEGO
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