$DEGO /USDT SHORT TRADE SETUP – CRASH PATTERN AFTER HISTORIC DUMP!
$DEGO is trading at $1.419, down a staggering -46.17% in the last 24 hours following a vertical collapse from $2.789 to $1.286. The 15-minute chart shows a clear liquidity flush, followed by a flat consolidation — often a signal that more downside may follow after a temporary pause.
Trade Setup (SHORT):
Entry Price: $1.43 – $1.48
Target 1: $1.30
Target 2: $1.18
Stop Loss: $1.52
Why Short?
This setup reflects a classic post-dump dead cat bounce. There's no strong recovery and volume has dried up, suggesting buyer interest is absent. If the price fails to reclaim $1.50 quickly, it risks drifting lower toward the sub-$1.20 range.
Risk Management Tip:
Keep SL tight above the last high of the consolidation zone. If price shows signs of volume-based reversal, exit early and reassess.
Don’t let this breakdown settle without action — short with structure, secure the drop!
Ride the momentum before it fades — profits favor the fearless!
