DEGEN Roadmap | A Strategic Look Ahead (1D)After a bullish move, DEGEN's correction has started.
Wave A formed a symmetrical pattern, Wave B was a diametric, and Wave C is also unfolding as a symmetrical. We are currently in the middle of Wave C.
It is expected that DEGEN will drop to the green zone in the coming period, where Wave C is likely to complete.
From the green zone, DEGEN could potentially move toward the red box area.
The targets are clearly marked on the chart.
A daily candle closing below the invalidation level would invalidate this analysis.
For risk management, please don't forget stop loss and capital management
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