DEGO/USDT – Bullish Rectangle Breakout Setup | 1H Chart Analysis

5월 22일

DEGO is currently exhibiting a bullish rectangle formation on the 1-hour chart, a pattern often indicative of continuation in an existing uptrend. The price has been consolidating between clearly defined horizontal support and resistance levels, and it's now approaching a breakout zone.

🔹 Entry Price: $2.0883 (on breakout confirmation)
🔹 Stop Loss: $1.8216 (below support range)
🔹 Immediate TP Level: $2.2850
🔹 Potential Upside: +16.75%


✅ No bearish divergence or reversal signs are currently visible.

A breakout above the rectangle resistance could trigger a strong upward move. As always, traders should wait for confirmation with volume and can adjust take-profit levels based on their individual risk-reward preferences.

This setup remains bullish unless price rejects the breakout zone and closes below the support range.

5월 26일

거래청산: 타겟 닿음

TP Hit