$DEGO

has struggled at the $1.320 resistance and is now hovering near $1.267, showing clear selling pressure. The chart is forming lower highs, indicating that sellers are firmly in control and further downside may be coming.

📉 Short Trade Setup:

Entry: Short below $1.270

Targets (TP):

TP1 → $1.240

TP2 → $1.210

TP3 → $1.180

Stop Loss (SL): $1.310

💡 Risk Management Tips:

Risk only 2–3% of your total capital per trade

Maintain discipline with your stop loss

Consider locking partial profits at each target to minimize exposure

⚡ Market Insight:

Sellers are currently dominating the market

Lower highs and rejection at resistance suggest continued weakness

Watch the key levels closely before entering the trade

💎 Bottom Line:

$DEGO is showing strong bearish momentum. If support fails, the path downward looks clear. Traders should plan entries carefully, respect risk management, and follow the structure for potential short opportunities.

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