【$DEGO Signal】Long - 1H Pullback Confirmation, Obvious Main Force Support Intent

$DEGO 1H level is currently in a healthy pullback consolidation phase after yesterday's sharp surge. Price found support near 1.07, 1H RSI has fallen from highs to 56, gathering strength for another upward attack. Looking at the 4H level, price is firmly standing above all key moving averages, trend structure is intact, and open interest remains stable, indicating that main force capital has not left the field but is rotating at higher levels. Current order book shows thick bid depth, with selling pressure concentrated near 1.074. Once broken through, it will open up upside space.

🎯Direction: Long

⚡Entry/Pending Orders: 1.0180 - 1.0443

🛑Stop Loss: 0.9670

🚀Target 1: 1.3533

🚀Target 2: 1.5078

🛡️Trade Management:
- Execution Strategy: Once price reaches Target 1, reduce position by 50% to lock in profits, and move the stop loss of remaining position up to entry price. If price fails to break through 1.074 and falls back below the lower end of the entry zone, consider it weakness and exit decisively.

Deep Logic: Although price has pulled back from highs, open interest has not declined significantly. Combined with negative funding rates, this suggests that shorts are attempting but have not formed effective suppression, with potential for short squeeze. The 1H EMA20 (1.0495) constitutes dynamic support. Price pullback to this area is an excellent opportunity to re-enter on the second wave. The 4H EMA50 (0.7318) is strong trend support, providing a solid safety cushion for this rally.

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