$DEGO – Looking to short again here after locking profits from the earlier move

Trading Plan Short $DEGO

Entry: 1.02 – 1.08

SL: 1.14

TP: 0.95

TP: 0.88

TP: 0.80

The bounce back up looks a bit forced after the earlier drop. Buyers tried to push price higher again but the follow-through isn’t as convincing and the advance is starting to turn more choppy. Instead of a clean continuation, the move is beginning to look like a relief bounce. Sellers appear to be gradually leaning back into the market, and when momentum starts fading like this it often leads to another leg lower.

Trade $DEGO here 👇

DEGOUSDT

Perp

0.2889

-4.65%