Post
DEGEN is currently trading around the $0.0009132 zone on OKX after a short-term recovery attempt from recent lows.
Near resistance zones:
$0.000950–0.000980: immediate short-term resistance area
$0.00105: key breakout level for bullish continuation
$0.00120–0.00130: strong medium-term resistance zone
Support zones:
$0.000880–0.000890: nearby support area
$0.000820: important structural support
$0.000740–0.000760: major support if bearish pressure increases
Bullish scenario:
If DEGEN holds above $0.000890 and breaks through the $0.000980 resistance with strong volume, price could move toward:
$0.00105
$0.00120
potentially retest the $0.00130 zone if momentum strengthens further
Bearish scenario:
If DEGEN loses the $0.000880 support zone, price could decline toward:
$0.000820
$0.000760
deeper correction toward $0.000700 if selling pressure accelerates
RSI & volume:
H4 RSI is recovering from weak territory and approaching neutral levels
Trading volume has slightly improved during the recent bounce
Momentum is stabilizing, though stronger buying volume is still needed for breakout confirmation
Current trend:
DEGEN is currently in a short-term recovery structure after previous downside pressure. The $0.000890 support zone is important for maintaining bullish momentum, while $0.000980 remains the key resistance level for the next upward expansion.
$DEGEN
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