$DEGO : Bull Trap or Just a Pullback? 🚩
DEGO is up +5.82%, but the long wick at 0.3830 suggests a classic bull trap might be in play. Price is losing momentum fast.
The Trade Plan:
Enter Short between 0.3450 – 0.3500.
Target the liquidity gap down to 0.3150.
Exit if price breaks above 0.3830.
Selling pressure is mounting. Don't be the one holding the bag at the top! 🐻
DEGOUSDT
Perp
0.3025
-2.82%