$DEGO /USDT SHORT TRADE SIGNAL – MASSIVE CRASH, DEAD CAT BOUNCE POSSIBLE!
$DEGO just experienced a brutal 48% collapse in a single move, plunging from $2.70 to nearly $1.28. After the freefall, the price is consolidating sideways with extremely weak volume and no signs of bullish recovery. This setup often hints at a "dead cat bounce" — a brief pause before another leg down.
Trade Setup (SHORT):
Entry Zone: $1.39 – $1.44
Target 1: $1.28
Target 2: $1.12
Stop Loss: $1.52
Why Short?
The initial dump was violent, and price is now stuck in a low-volume range below prior support. Without strong buying pressure, a continuation down is more likely than recovery. Break below $1.35 could trigger panic sellers again.
Risk Management Tip:
Don’t get caught in fake consolidation pumps. Place tight SL above consolidation highs and secure partial profits at first target.
Sell smart — don’t chase bounce traps after a major dump!
Trust the trend — ride it down before buyers even react!
Trade the breakdown — $DEGO shows no signs of life yet!