GTradeTN

DEGO/USDT Potential Long Position Opportunity

Long
BINANCE:DEGOUSDT   DEGO / TetherUS

Description:
Analysis Overview:
The DEGO/USDT trading pair is presenting a potential buying opportunity based on technical analysis. Here's a detailed breakdown of the analysis:

Entry Point:
Consider entering a long position between the price range of 1.69 and 1.715 USDT.

Stop Loss:
Set a stop-loss order below 1.62 USDT to manage risk and protect the investment.

Profit Targets:
Objective 1: Aim for a profit target at 1.8 USDT.
Objective 2: Secondary target set at 2 USDT.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.