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【$DEGO Signal】Short squeeze breakout, volume and price surge
$DEGO 4H level volume breakout above previous high 1.05, trading volume surged over 10 times, buy orders dominate (buy/sell ratio 0.55), fund-driven breakout confirmed. Price is rising strongly in a negative funding rate environment, a typical short squeeze structure, with forced short liquidations intensifying buying pressure. Currently, there is a pullback with decreasing volume, selling pressure exhausted, and the bullish structure remains solid.
🎯 Direction: Long
⚡ Entry: 1.065 - 1.075
🛑 Stop Loss: 1.048
🚀 Targets: 1.166 / 1.250
🛡 Strategy: At the first target, reduce half of the position; move the remaining position to breakeven to continue riding the trend.
View live chart 👇 $DEGO
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