【$DEGO Signal】Short Squeeze Continuation/Pullback Confirmation

$DEGO 4H timeframe shows synchronized volume and price breakout above previous highs, with a single-day gain of 56% accompanied by surging trading volume, establishing a fund-driven breakout. In a negative funding rate environment, prices remain resilient, with accumulated passive short covering pressure. 1-hour timeframe pullback with reduced volume to EMA20 (1.1152) finds support, with strong bid absorption and a complete short squeeze structure.

🎯 Direction: Long

⚡ Entry: 1.3400 - 1.3500

🛑 Stop Loss: 1.3000

🚀 Targets: 1.4825 / 1.6690

🛡 Strategy: At target 1, reduce position by half, move remaining position to breakeven.

View Live Chart 👇 $DEGO
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