Technical analysis by ADmytrenko2 about Symbol DEGEN: Buy recommendation (7/24/2025)

As can be seen with the Dual TF strategy, there is a potential for a 9% move in DEGEN for the following reasons: 1. Long term (5HR) and short term (1HR) charts are showing that DEGEN is overextended to the downside (yellow dots using custom Data Distribution indicator), which means that there is a potential for the price to reverse back up. The fact that there is confluence between the two charts is a good sign. 2. Custom indicator Zero-Lag USI is showing that the background has changed from red to black, meaning that there is a potential change in momentum here and that the price can potentially reverse back up. 3. Long-term chart is showing a reversal candle which is another sign that there is a potential reversal here.