đť $DEGO /USDT Bearish Breakdown Alert đ¨
Price faced a sharp rejection near $1.10 and is now printing lower highs and lower lows on the 15m timeframe. The trend is leaning bearish with momentum fading.
đ Short Trade Setup (Futures)
⢠Entry Zone: $1.048 â $1.055
⢠TP1: $1.030
⢠TP2: $1.012
⢠TP3: $0.990
⢠Stop Loss: $1.070
đ Market Insight: After a bullish spike, volume is drying up, hinting at a potential bull trap while sellers build pressure below $1.06.
â ď¸ Insider Tip: Use a tight SL and scale in carefully if $1.04 breaks with volume confirmation the next move could accelerate quickly.