Market Overview for Dego Finance (DEGOUSDT) – July 26, 2025

• Dego Finance (DEGOUSDT) surged to a 24-hour high of $1.162 before retracing to close near $1.148.
• Strong bullish momentum emerged after 04:00 ET, with price forming multiple bullish engulfing patterns.
• Volatility expanded significantly during the rally, with Bollinger Bands widening post 02:30 ET.
• High-volume buying was observed between 06:15 ET and 10:00 ET, pushing the asset above key resistance levels.
• RSI briefly entered overbought territory, suggesting potential pullback risks ahead.

Market Overview

Dego Finance (DEGOUSDT) opened at $1.122 on July 25 at 12:00 ET, reached a high of $1.162, and closed at $1.148 on July 26 at 12:00 ET. Total trading volume for the 24-hour window was 406,437.44 DEGO, with a notional turnover of $458,797.07.

Structure & Formations

The 15-minute chart displayed a strong bullish reversal after a period of consolidation. Between 04:00 and 08:00 ET, DEGOUSDT formed multiple bullish engulfing patterns and a morning star, signaling renewed buying interest. A key resistance level was breached at $1.148, with price consolidating around this level for several hours. Support levels were identified at $1.136 and $1.122, both of which held during pullbacks.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages crossed in a bullish manner after 04:00 ET, confirming a shift in momentum. The 50-period MA remained below price for much of the session, suggesting a continuation of the upward trend. On the daily chart, the price closed above the 50-period and 100-period MAs, reinforcing a medium-term bullish bias.

MACD & RSI

The MACD turned positive after 04:00 ET and remained above the signal line for most of the session, confirming strong bullish momentum. The RSI reached 70+ during the mid-morning hours, indicating overbought conditions and raising the risk of a near-term correction. However, the RSI failed to show bearish divergence during the consolidation phase, suggesting buyers remained in control.

Bollinger Bands

Volatility expanded sharply after 02:30 ET as DEGOUSDT broke out of a narrow range. Price traded near the upper Bollinger Band for several hours, indicating strong buying pressure. A contraction in the bands was observed before the breakout, which acted as a precursor to the move higher.

Volume & Turnover

Volume surged during the breakout, with the largest spike occurring at 06:15 ET when the price closed at $1.15. Notional turnover also increased significantly, confirming the move higher. However, volume declined during the consolidation phase, suggesting exhaustion in the buying side. A divergence between price and volume could signal a potential reversal if it persists.

Fibonacci Retracements

Applying Fibonacci retracement levels to the recent 15-minute swing from $1.122 to $1.162, price found support at the 61.8% level ($1.145) and extended beyond to $1.148. On the daily chart, the 38.2% retracement level of the previous week’s move appears to be a key psychological level to watch for near-term support.

In the next 24 hours, DEGOUSDT may consolidate around $1.148–$1.151, with a potential pullback toward $1.136 if the overbought RSI triggers profit-taking. However, strong volume and bullish momentum suggest that a retest of $1.162 remains a viable target. Investors should remain cautious of a sharp reversal should volume begin to dry up or bearish divergence appear in the RSI.