$DEGO

DEGO
DEGOUSDT
0.2734
-1.22%

Showing Exhaustion After 100% Rally Pullback Toward 0.50 Support Likely

Trade Setup: Short

Entry zone: 0.56 – 0.60

Tp1: 0.52

Tp2: 0.49

Tp3: 0.45

SL: 0.65

Price is cooling off after an explosive 100%+ rally and is starting to lose momentum below the 0.60–0.65 resistance zone. Such parabolic moves typically retrace to rebalance liquidity, making a correction toward the 0.50 area likely.