$DEGO – SHORT SETUP ACTIVE! BEARISH RETEST IN PLAY

$DEGO faced rejection near the $1.52 zone after multiple failed attempts to break higher, confirming strong local resistance. Price structure shows exhaustion with lower highs forming after each bounce. A breakdown below $1.50 could trigger a deeper retracement toward support at $1.37.

Short Entry: $1.520

Targets (TP): $1.451 / $1.370

Stop Loss: $1.575

Momentum favors sellers as long as price trades below $1.55. A clean close above this level invalidates the setup.