Technical analysis by CryptoAnalystSignal about Symbol DEGO: Buy recommendation (7/16/2025)

#DEGO The 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 bounce from the lower boundary of the descending channel. This support is at 1.10. We have a downtrend on the RSI indicator that is about to be broken and retested, supporting the upside. There is a major support area in green at 1.08, which represents a strong basis for the upside. Don't forget a simple thing: ease and capital. When you reach the first target, save some money and then change your stop-loss order to an entry order. For inquiries, please leave a comment. We are in a consolidation trend above the 100 Moving Average. Entry price: 1.14. First target: 1.17. Second target: 1.20. Third target: 1.22. Don't forget a simple thing: ease and capital. When you reach the first target, save some money and then change your stop-loss order to an entry order. For inquiries, please leave a comment. Thank you.#DEGO First target: 1.17 Reached Second target: 1.20. Reached Third target: 1.2 Reached