$DEGO USDT – BEARS TAKE CONTROL AFTER SHARP REVERSAL!
After testing resistance near $1.42, $DEGOUSDT faced a heavy rejection with a rapid sell-off, dragging price toward $1.20 support. The failed breakout attempt signals bearish momentum dominating the short-term trend. Any bounce looks corrective unless bulls reclaim higher levels quickly.
🎯 Trade Setup (SHORT):
Entry Zone: 1.22 – 1.25
TP1: 1.15
TP2: 1.10
TP3: 1.05
Stop Loss: 1.29
📊 Market Outlook:
Current structure shows strong selling pressure with lower highs forming. If $1.20 breaks decisively, further downside toward psychological $1.00 zone becomes likely. Bulls must push above $1.30 to shift sentiment.
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buy and trade here on $DEGO