The silence before the storm feels intense when a token is sitting at a potential turning point. DEGEN is one of the names I am watching closely as the market searches for its next momentum leader.
DEGEN is trading at 0.000841, down 3.88 percent over the last 24 hours. Its reported market capitalization is PKR 94.06 billion. The recent decline shows that sellers still have influence, but a defended support zone could create the conditions for a recovery attempt.
I am watching for increasing volume on green candles, a possible shift in altcoin dominance, and signs that larger holders are accumulating rather than distributing. If buying pressure returns, the next move could become interesting. If selling volume continues to expand, the downside risk remains significant.
The first support zone to watch is 0.000810 to 0.000830. A recovery above 0.000870 would suggest buyers are regaining control. A sustained breakout above 0.000900 could open the way toward higher resistance levels.
EP: 0.000830 to 0.000845
TP: 0.000890, 0.000940, 0.001000
SL: 0.000790
This is a high-volatility setup, and confirmation matters more than excitement. I want to see buyers defend the zone before treating the recovery as a real trend change.
I’m ready for the move —
