Market Overview for Dego Finance/Tether (DEGOUSDT)

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Thursday, Jan 1, 2026 6:55 am ET1min read
DEGO
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Aime RobotAime Summary

- Dego Finance/Tether (DEGOUSDT) surged to 0.490 on 2026-01-01, driven by strong volume during the 0.486–0.490 rally.

- RSI hit overbought levels (72) and Bollinger Bands widened, signaling volatility while 20-period MA confirmed short-term bullish bias.

- A bullish engulfing pattern and upper wick at 0.490 suggest mixed momentum, with key support at 0.484 and 61.8% Fibonacci retest at 0.487.

- Post-rally consolidation near 0.486–0.488 remains critical, as sustained strength above this range could target 0.490 extensions while breakdown risks further retracement.

Summary
• Price surged to 0.490 before consolidating near 0.486–0.488 resistance.
• Volume spiked during 0.486–0.490 rally, confirming bullish momentum.
• RSI indicates overbought conditions, suggesting potential pullback risk.
• 20-period MA crossed above price, signaling short-term bullish bias.
• Bollinger Bands widened as volatility increased during the rally.

Dego Finance/Tether (DEGOUSDT) opened at 0.471 on 2025-12-31 12:00 ET, reached a high of 0.490, and closed at 0.490 as of 2026-01-01 12:00 ET. The 24-hour volume was 1,121,236.32 and turnover was $518,559.68. Price action showed a clear rally, with strong volume confirmation during the 0.486–0.490 range.

Structure & Formations


The price formed a bullish breakout above a consolidation range, with key support at 0.484 and resistance at 0.490. A bullish engulfing pattern was observed during the 0.485–0.488 rally, while the candlestick near 0.490 showed a long upper wick, indicating some selling pressure at higher levels.

Moving Averages


The 20-period MA on the 5-minute chart crossed above price during the rally, supporting a short-term bullish outlook. The 50-period MA was slightly below price, reinforcing the upward bias.

MACD & RSI


MACD showed a strong positive divergence during the 0.486–0.490 move, signaling bullish momentum. RSI hit overbought territory at 72, suggesting a potential pullback could be near, though a bullish close above 0.488 may keep the rally intact.

Bollinger Bands


Bollinger Bands expanded as volatility increased during the rally, with price touching the upper band at 0.490. Price has since pulled back toward the center line, indicating potential for consolidation.

Volume & Turnover


Volume surged during the 0.486–0.490 rally, confirming the bullish move. Notional turnover also spiked in line with price, with no significant divergence. Volume has since declined as the price consolidates, indicating reduced conviction in the current direction.

Fibonacci Retracements


Applying Fibonacci to the 0.484–0.490 swing, price has retested the 61.8% level at 0.487. A break below this level could target the 50% level at 0.486, while a retest above 0.490 could aim for the 78.6% extension.

The price appears poised for a potential pullback after reaching overbought levels, but remains bullish as long as it stays above 0.486. Investors should monitor the 0.484 support level and watch for a continuation of the rally or a consolidation phase. As always, volatility remains a risk in the next 24 hours.