Degen

Personal Analysis of $DEGEN Token

The $DEGEN token is experiencing a bearish trend and is approaching the key support level of $0.0137.

✅ Why It Might Be a Good Time to Buy:

	•	The RSI is near oversold territory, suggesting that selling pressure may be coming to an end.
	•	If the $0.0137 support level holds, a potential rebound or price consolidation could occur.

🎯 Conclusion:
If you have a long-term perspective, the current price could present a good buying opportunity. However, for short-term traders, it’s better to wait for price stabilization above $0.014 or a breakout above the $0.0205 resistance. If the $0.0137 support breaks, using a stop-loss is recommended.

This analysis is purely personal opinion and not financial advice.