$DEGO – Momentum fading, risk building ⚠️
$DEGO pushed higher recently, but the structure is starting to weaken. Price is struggling to hold above key levels, and the move looks more like exhaustion than continuation.
EMA trend is flattening, showing loss of momentum. RSI is cooling down from higher zones, hinting buyers are stepping back. Volume also doesn’t support further upside — no strong demand coming in.
If this weakness continues, a breakdown could trigger sharper downside as late buyers get trapped.
#defo