Technical analysis by CryptoAnalystSignal about Symbol DEGO: Buy recommendation (5/5/2025)

#DEGOThe price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest.We are experiencing a rebound from the lower boundary of the descending channel, which is support at 1.76.We are experiencing a downtrend on the RSI indicator that is about to be broken and retested, supporting the upward trend.We are looking for stability above the 100 Moving Average.Entry price: 1.79First target: 1.83Second target: 1.92Third target: 2.02