DEGEN

DEGENUSDT | 4hPrice deviated from its swing point at 0.0038 and has now retested it on the lower timeframes.If this retest holds, we want to see price maintain support at 0.0040Holding this level opens up a potential liquidity sweep around 0.0050–0.0054If momentum continues and Bitcoin holds above 104,000, next target is 0.0058–0.0060

DEGENUSDT has made a strong impulsive move and is now entering a corrective phase. All eyes are on a critical support zone where the next big reaction could determine the direction of the next 250%+ move.Key Highlights:Support Confluence: Point of Control + Daily Support + 0.618 FibonacciUpside Target: 0.014 weekly resistance = 255% potential upsideBearish Scenario: Breakdown would shift focus to the value area lowFull Analysis:DEGENUSDT recently completed a strong impulse to the upside, signaling renewed interest and momentum in the asset. Following this move, price action is now in a controlled pullback phase — but it’s not random. The chart shows that DEGEN is now approaching a key technical region made up of the Point of Control, daily support, and the 0.618 Fibonacci retracement level. This triple confluence zone is where the market could establish a higher low and gear up for the next breakout.If price shows strength upon retesting this area, the probability of a sharp rally increases significantly. The next major resistance sits at 0.014 — a weekly level that also aligns with previous consolidation zones. If this move plays out, traders could be looking at a 255% upside.However, failure to hold this support would be a clear bearish signal. In that case, the value area low becomes the next probable downside target, and bullish momentum would be temporarily invalidated.

DEGENUSDT | 1DPotential S/R flip here, hold this level I'm expecting it to run .009 to .012 (initial) to .016 to .020Local support is around .005 to .0035

DEGEN/USDT has shown a strong bullish structure following a significant recent up move. Price action has now pulled back into a key support zone, offering a potential high-reward entry opportunity.Entry Zone: $ 0.0051-0.0053Stop Loss: $ 0.0048TP1: $ 0.0061TP2: $ 0.007TP3 : $ 0.008if showing strong price action above $0.0083-0.0085 will have second setup for trade

• Summary:- 4H Timeframe:Price is retesting a bullish Order Block and FVG (Fair Value Gap)suggesting potential support. - 1H Timeframe:Key demand zone at 0.005099–0.004956** (first order block). A reversal is likely if: - Bearish momentum weakens (declining selling volume). - Bullish confirmation (pinbar/engulfing candle) appears. - Trade Plan:Buy on confirmation, targeting 0.006305, with SL below 0.004912. --- Scenario Breakdown:1. Key Levels:- Support (Buy Zone):0.004956–0.005099 (1H Order Block). - Resistance (TP):0.006305 (next liquidity area). - Invalidation (SL):0.004912 (break below order block). 2. Entry Conditions:- Trigger: Bullish reversal candle (e.g., pinbar/engulfing) on the 1H timeframe.- Confirmation: Reduced selling volume + RSI/MACD showing bullish divergence (optional but recommended). 3. Trade Management:- Entry: 0.004956–0.005099 (limit orders preferred). - Stop Loss: 0.004912 (risk: ~2–3%). - Take Profit: 0.006305 (RRR 1:2.5). 4. Additional Context:- The 4H FVG and order block reinforce the 1H demand zone. - Watch Bitcoin’s movement for macro trend alignment. --- Conclusion:A high-probability long setup if price respects the order block and shows bullish reversal signs. Invalidation below 0.004912. --- #DEGEN #Crypto #PriceAction #OrderBlock #FVG #SwingTrading

#### **Market Context** - DEGEN shows a strong **bullish trend on the daily chart**, but faces a local resistance on the 1H timeframe. - Key focus: Break above **0.008846** for confirmation of continuation. #### **Key Levels** - **Resistance**: 0.008846 (Breakout trigger) - **Support Zone**: 0.007764 – 0.007382 (Critical demand area) - **Current Price Action**: Rejecting weakly at resistance; no strong sell signals yet. #### **Analysis** - **Daily TF**: Strong bullish structure, but 1H shows short-term exhaustion. - **1H Resistance**: Price is testing a minor supply zone (0.008846). A weak rejection suggests **low selling pressure**—no "sell" setup here. - **Potential Support**: The zone **0.007764–0.007382** is the only area where buyers might step in aggressively. #### **Trade Plan** - **Ideal Entry**: - **Conservative**: Wait for **break & close above 0.008846** (confirms bullish continuation). - **Aggressive**: Buy near **0.007764–0.007382** (high-risk, requires tight stop). - **Targets**: - TP1: 0.009500 (Previous high) - TP2: 0.010000 (Psychological level) - **Stop Loss**: Below 0.007382 (if buying support). #### **Risk Management** - **R/R**: 1:3+ if entering at support, 1:5+ on breakout. - **Warning**: Avoid premature longs before confirmation—current resistance could trigger a pullback. #### **Chart Notes** - Marked: - Red zone = Resistance (0.008846). - Green zone = Support (0.007764–0.007382). - Blue arrow = Breakout direction. #DEGEN

🚀 DEGEN Testing Red Resistance – Breakout Potential! 📈DEGEN has formed a red resistance zone, where we’re seeing some sellers stepping in. If the price breaks through, the trend could continue with the first target at the green line level! 📊Let’s watch for that breakout together! 💼💸

$DEGEN could be gearing up for a 90% pump. Target $0.0075Stop loss $0.0034

DEGENUSDT | 1DI'd be looking to long this if we can hold .0032 to .0030Stoploss: just below .0024Targets:.0040-.0044.0050-.0054.0057-.0062

A significant trendline has been broken. The price has formed a bullish CH (Change of Character) on the chart. In addition to the identified support zone, a key level also passes through this area, which the price has successfully retested.As long as the green zone holds, a move toward the targets is expected.The closure of a daily candle below the invalidation level would negate this analysis.Do not enter the position without capital management and stop settingComment if you have any questionsthank you