$DEGO /USDT short tread signal 🚦 🔴
BEARISH BREAKDOWN – PRESSURE MOUNTING BELOW KEY SUPPORT!
$DEGO has slipped to $1.268, losing -3.35% on the day, as bearish momentum gains traction. After failing to reclaim $1.29–$1.30 resistance, the price is now trading near the local support at $1.254. With consistent lower highs and weak buying volume, sellers appear to be in control, eyeing deeper levels.
Trade Setup (SHORT):
Entry: $1.270 – $1.278
Target 1: $1.240
Target 2: $1.205
Stop Loss: $1.296
Market Outlook:
The market structure has turned bearish with clear rejection at overhead resistance. If $DEGO