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DEGEN/WETH shows a bullish trend across multiple timeframes, with key support at 0.0052 and resistance at 0.0063. Traders should consider entering on pullbacks near support levels, targeting a short-term price of 0.0060. Risk management is crucial with stop-losses set below 0.0052.

To assess the market cap for DEGEN, you can calculate it by multiplying the current price by the total supply of tokens. If DEGEN is priced at 0.0060 and assuming a total supply of 1,000,000 tokens, the market cap would be $6,000. Please provide the exact total supply for a more accurate calculation.