🔻 $DEGO /USDT Exhaustion Signals Reversal! 🔻

$DEGO exploded to $1.346 but failed to hold, showing heavy rejection with a strong upper wick. Multiple red candles now point to profit-taking and fading momentum a retracement setup is taking shape.

📉 Short Trade Setup:

📍 Entry: $1.235 – $1.245

🛡 Stop Loss: $1.275

🎯 Targets:

• TP1: $1.200

• TP2: $1.165

• TP3: $1.130

📊 Market Insight:

The bull run looks tired price action is rolling over and volume is drying up. If a bearish engulfing candle confirms, this could be a prime short scalp opportunity. Don’t chase wait for the setup to lock in.