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$DEGO showing signs of slowing momentum after rejection near the 0.392 resistance 📉
Short $DEGO
Entry: 0.3685 – 0.380
SL: 0.405
TP1: 0.360
TP2: 0.350
TP3: 0.335
TP4: 0.315
Why:
After the explosive rally from the 0.26 zone, price faced strong rejection around 0.392 and is now starting to stall. The recent candles show weaker follow-through and small-bodied moves near resistance. MACD momentum is flattening while RSI is cooling from the overbought region, suggesting buyers are losing strength. If price loses the 0.36 support area, the pullback could extend toward the previous demand zones.
Trade $DEGO here 👇
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