【$DEGO Signal】Pullback buying opportunity! 1H level retest confirmed, obvious supportive stance from major players

$DEGO After ( experienced a massive volume bearish candle, it found support at 0.9568, with price currently oscillating and recovering around 0.976. On the 4H level, price remains above EMA20 (0.9225), overall uptrend intact, but on the 1-hour chart price has moved far from EMA20 (1.0372), direct chasing carries high risk. Current moment is an excellent opportunity to wait for pullback. Order book shows thick buying depth with large buy orders accumulating around 0.9750 below, forming a support wall. Open interest remains stable without significant reduction from price decline, suggesting major players may not have exited. 1-hour RSI has recovered from oversold zone to 44, momentum is repairing.

🎯 Direction: Long (pullback limit order)

⚡ Entry/Limit Order: 0.9719 - 0.9720

🛑 Stop Loss: 0.9478

🚀 Target 1: 1.0205

🚀 Target 2: 1.0448

🛡 ️Trade Management:
- Execution Strategy: Reduce position by 50% when reaching Target 1, move stop loss up to entry price. Remaining position targets Target 2, if price breaks Target 2 strongly, consider holding part of position to observe further.

) In-depth Logic: This is a typical rebound opportunity after panic washout. The massive volume 1-hour bearish candle at 7 appears to be panic selling escape, but price subsequently did not create new lows, and open interest remained stable, indicating bearish momentum did not persist. Funding rate is negative, combined with price stabilization, there is short squeeze potential. 1-hour RSI shows early bullish divergence, buying depth advantage evident, providing liquidity foundation for rebound. Recommend placing limit orders in optimized support zone, excellent risk-reward ratio. $DEGO

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