【$DEGO Signal】Short squeeze relay, second surge after 1H pullback confirmation

$DEGO The 1H timeframe has experienced a massive rally and is currently consolidating strongly at high levels. The 4H timeframe has broken through all moving averages, forming a V-shaped reversal with a strong trend. The key points are: the funding rate is deeply negative, open interest remains stable, and the price is firm, indicating a typical short squeeze structure. The 1-hour chart shows the price pulling back to test the EMA20 support, with substantial buying depth, demonstrating clear main force support intentions and preparing for a second surge.

🎯Direction: Long

⚡Entry/Order: 0.6280 - 0.6320 (Patience for 1H pullback confirmation)

🛑Stop Loss: 0.6050

🚀Target 1: 0.6800

🚀Target 2: 0.7200

🛡️Trade Management:

- Execution Strategy: After reaching Target 1, reduce position by 50% and immediately move the stop loss to the entry price. The remaining position should follow a trailing stop (e.g., 1H EMA20) to capture more profit. If the price fails to hold above the entry zone and weakens, decisively abandon the position.

(Depth Logic: Market logic indicates that rising prices with stable open interest are not just a short squeeze but resemble sustained capital inflows. The 1-hour RSI has fallen from high levels to a healthy zone, providing room for another upward move. Order book data shows buy depth significantly exceeds sell depth, with dense support below. The strong price in a negative funding rate environment is the sharpest weapon in the short term. )

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