Long

#DEGO/USDT

99
#DEGO

The 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 boundary of the channel at 1.94, which acts as strong support from which the price can rebound.

Entry price: 1.98
First target: 2.02
Second target: 2.07
Third target: 2.13

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