$DEGO /USDT short trade signal 🚦
BEARISH BREAKDOWN – MASSIVE DUMP AFTER SIDEWAYS CONSOLIDATION!
$DEGO has just suffered a catastrophic collapse, plunging nearly -50% in a single 4H candle from $2.60 to as low as $1.28. The price is now struggling to stabilize at $1.40 after breaking down violently from a tight sideways range. This kind of move typically signals panic selling, high liquidation, or major negative news impact.
Trade Setup (SHORT):
Entry: $1.45 – $1.52
Target 1: $1.20
Target 2: $1.05
Target 3: $0.88
Stop Loss: $1.66
Why Short?
After ranging for days near $2.60, the sudden breakdown with heavy volume confirms a structural collapse. There was no prior warning wick — this is a full-bodied breakdown with zero support bounce so far. Bearish continuation is likely unless price rapidly reclaims above $1.66.
Risk Management Tip:
These types of crashes often give dead cat bounces — secure your SL properly and consider partial exits as each target is met.
Sell and watch carefully — this breakdown could spiral further before recovery!
Ride the momentum before it fades — profits favor the fearless!
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buy and trade here on $DEGO