$DEGO MAJOR REJECTION SETUP FORMING.
๐ป Entry Zone: 1.08 โ 1.12
๐ Stop Loss: 1.19
๐ฏ Target: 1.02
๐ Market Insight:
Price is struggling to push higher and strong selling pressure is appearing near resistance. Large players seem to be distributing positions while liquidity above is fading. Each push upward is getting rejected, which signals potential downside continuation. ๐ป๐
๐จ What to Watch:
If the resistance zone keeps holding, trapped buyers could start exiting their positions, which may trigger a quick move lower toward the target area.
โก Reminder:
Trade smart, control your risk, and always follow proper risk management.
Not financial advice. ๐ก
DEGOUSDT
Perp
0.2764
-4.06%