๐จ $DEGO GO/USDT Short Trade Signal! ๐จ
๐ Current Price: $2.041
๐ 24H High: $2.162
๐ 24H Low: $1.924
๐ป Trade Setup (Short Position)
๐ด Entry: Below $2.041 (Confirmed breakdown)
๐ Stop Loss: $2.08 (Above key resistance)
๐ฏ Take Profit Targets:
โ
TP1: $2.00 (Secure quick profits)
โ
TP2: $1.95 (Stronger support zone)
โ
TP3: $1.92 (Extended target if momentum continues)
๐ Market Insight:
โก Bearish Rejection: Strong rejection from recent highs, indicating seller dominance.
โก Bearish Engulfing Pattern: Signals increasing selling pressure.
โก Break Below $2.00: Could trigger further downside momentum.
๐ฅ Pro Tips:
โ Secure Partial Profits: Lock in gains at TP1 and move SL to entry.
โ Volume Confirmation: Ensure selling pressure increases before entering.
โ Risk Management: Avoid overleveragingโstick to a safe position size.
โ ๏ธ Risk Management & Trade Monitoring:
๐น SL Placement: Protects capital if price reverses.
๐น Reassess Trade: If $2.08 is reclaimed with strong momentum, consider an exit.
๐ Trade Smart, Stay Disciplined, and Secure Profits!