$DEGO

USDT – REJECTION AT RESISTANCE, BEARS ON STANDBY

FAKEOUT ABOVE $1.16

STRONG WICK SHOWS SELLING PRESSURE

$DEGO pushed up to $1.166 but failed to hold above it, quickly retracing back to $1.145. The long upper wick and weak follow-through suggest a bull trap and potential shift in short-term momentum.

Short Setup:

Entry: $1.145

Target 1: $1.125

Target 2: $1.105

Stop Loss: $1.168

Unless bulls reclaim $1.16 with volume, $DEGO is vulnerable to a pullback toward recent support levels. Ideal zone for scalpers watching a rejection-based fade.

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