$DEGO
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.
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.