Degen

The price of DEGEN  has been in a downtrend from March 2024 until now, hitting new lows and currently trading within a consolidation range.

The MACD and signal lines are currently close, with a potential bullish divergence forming that could support a price increase.

Currently between 40 and 50, indicating a balance between buyers and sellers.

If it falls below 30, it would indicate oversold conditions and a potential buying opportunity.

Volume has been relatively low in recent weeks but shows signs of increasing, which may indicate the start of a new price wave.