🔻 $DEGO /USDT – Bearish Breakdown Alert! 🚨
The $1.10 resistance proved too strong, sending $DEGO into a sharp downtrend characterized by consistent lower highs and lows on the 15m chart.
📉 Short Trade Blueprint (Futures):
Entry Zone: $1.048 – $1.055
Target 1: $1.030
Target 2: $1.012
Target 3: $0.990
Stop Loss: $1.070
Market Insight
Post-spike volume is fading—a potential bull trap in disguise. With bearish momentum building under $1.06, a decisive break below $1.04 could accelerate selling pressure.
⚠️ Pro Tip
Tight stop-losses are key in this setup to minimize risk.
If $1.04 breaks decisively, consider scaling in for a high-conviction short trade. A swift drop could follow as liquidity thins out below.
Stay sharp and disciplined! 📊