$DEGO Immediately Short
The 4-hour level is currently in a high position correction, during a bearish dominant phase. After a strong rally, momentum has quickly exhausted, and the price has entered a volatile downward channel.
From the market perspective, DEGO surged to $1.17 and then fell back, forming a short-term top; indicators have fully turned bearish, with both RSI and MACD issuing bearish signals, and selling pressure continues to be released. In the next 4 hours, DEGO is likely to weakly fluctuate within the $0.80–$0.88 range, with weak rebounds and a focus on corrections.
Key attention on the upper resistance at $0.88; a breakthrough would lead to a continuation of the rebound. On the downside, pay attention to the support at $0.80; if it breaks, it will further explore down to $0.75. The operation should focus mainly on short positions, with some long positions as a supplement, strictly stop-loss, and avoid blindly bottom-fishing.