$DEGO – BEARISH REVERSAL SIGNS EMERGING!
$DEGO spiked to 1.252 but quickly faced strong rejection, leading to a pullback and a struggle to hold above 1.230. The price is now consolidating near 1.220 with weakening bullish momentum, suggesting sellers are gaining control. A drop below 1.210 could accelerate downside pressure towards 1.190–1.172, with 1.230 acting as a key resistance barrier.
Short Entry: 1.218 – 1.222
Targets: TP1 1.190 | TP2 1.172
Stop Loss: 1.230
Market sentiment leans bearish below 1.230, with potential for deeper retracement if support levels fail.
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