DEGEN remains bullish on the daily timeframe, but there is a potential retracement target at a demand zone below.On the M30 timeframe, liquidity is forming underneath the current price action, suggesting a possible temporary drop before continuation.DEGEN, a meme coin, is known for its unpredictability, and traders are advised to manage risk and trade with awareness.DEGEN token thrives on wild confidence, high risk, and speculation, appealing to risk-seeking traders in the crypto market.