Dego/USDT is currently consolidating within a box setup on the higher time frame. This consolidation phase often indicates accumulation, which could lead to a significant breakout in either direction.
The current setup suggests patience is key, as a breakout from this range could result in a strong directional move. Traders should closely monitor the price action near the box boundaries, as a confirmed breakout could open the door to substantial gains. However, always manage your risk and avoid over-leveraging, as fakeouts are possible.
As always, this is not financial advice—conduct your own research before making any decisions.
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