Technical analysis by CryptoAnalystSignal about Symbol DEGO: Buy recommendation (6/5/2025)

#DEGOThe price is moving within a descending channel on the 1-hour frame and is expected to break and continue upward.We have a trend to stabilize above the 100 moving average once again.We have a downtrend on the RSI indicator that supports the upward move with a breakout.We have a support area at the lower limit of the channel at 1.19, acting as strong support from which the price can rebound.Entry price: 1.26First target: 1.31Second target: 1.37Third target: 1.46