Degen

According to recent analysis, DEGEN is making reversal patterns such as rounded bottom, which indicates the upward movement of the price. There is a possibility that the market will move towards the resistance areas near the $0.012 level

According to technical indicators such as RSI, which is approaching the overbought area, and MACD, which shows an upward movement, there is a possibility of price increase in the short term. However, the market may move towards the overbought zone and we may see a price correction

 If DEGEN can break through the $0.012 resistance area, a stronger upside move may occur. However, if buyers fail to show enough strength to break through this level, a correction to lower support areas such as $0.0057 is likely.

Important resistance areas are around $0.012 and support areas are around $0.0057.

According to the available analysis, it seems that DEGEN is moving towards a key resistance area and if this resistance is broken, it can reach higher prices.

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