$DEGO / USDT Short Trade Alert: Resistance Holding ā Potential Breakdown Brewing! šØš
$DEGO / USDT is struggling to break above the $2.00 psychological barrier and shows repeated rejection wicks on the 4H chart. Momentum has slowed significantly with lower highs forming.
š Trade Setup
Entry: $1.95
Take Profit: $1.88
Stop Loss: $2.02
š Technical Insight
Bearish pressure building below $2.00
Lower highs pattern suggests weakening demand
Volume declining on upward attempts
A confirmed breakdown below $1.92 could increase downside momentum toward $1.88. Maintain tight stops as any break above $2.02 would invalidate this setup.
