DEGEN/USDT is showing positive signals on the weekly chart, currently trading at 0.02729 USDT following a strong upward move. The price is approaching a major resistance zone, and a successful breakout could lead to further gains.
Key Levels:
Current Resistance: 0.02698 USDT – Breaking above this level would enhance the bullish outlook.
Next Target: 0.04088 USDT – The first potential target, representing a 151.52% gain.
Stop Loss Level: 0.01442 USDT – Suggested for risk management in case of a downside reversal.
Summary:
If #DEGEN can sustain its position above the current resistance, it is likely to reach the next target at 0.04088 USDT.
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Disclaimer
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