š» #DEGEN /USDT TUMBLES ā Oversold or More Pain Ahead? š¬š
$DEGEN down -8.03%, trading at $0.003595 after hitting a low of $0.003505.
Bears crushed support as price free-falls below mid-Bollinger band.
Momentum remains weak, candles hugging the lower band.
Recovery attempts are shallow ā a retest of $0.00350 still on the table.
Needs to reclaim $0.00376 to flip short-term bullish bias.
šÆ Short Trade Setup (DEGEN/USDT)
⢠Entry: $0.00358 ā $0.00362
⢠TP1: $0.00352
⢠TP2: $0.00340
⢠TP3: $0.00325
⢠Stop Loss: $0.00369
š Volatility high ā ideal for scalpers, but tread cautiously with tight risk!