$DEGO /USDT – Short Trade Setup After Exhaustion Spike! 🚨
Price: $1.898 (+6.51%)
24H Range: $1.777 – $1.935
After a strong vertical pump, $DEGO is showing signs of exhaustion with long upper wicks and decreasing momentum—hinting at a potential retracement.
Key Levels:
• Resistance: $1.935
• Support: $1.850 / $1.800
Short Trade Setup:
• Entry Zone: $1.89 – $1.91 (after weak bounce)
• Target 1: $1.850
• Target 2: $1.800
• Stop Loss: $1.94
Market Insight:
A classic overextension move followed by profit-taking signals ideal short timing. No strong consolidation = likely a retrace to rebalance the price.
Pro Tip:
Wait for a weak candle rejection below $1.91 to maximize risk-to-reward on this short!
Ride the drop before the bulls cool off completely! $DEGO short setup looks 🔥
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