$DEGO
DEGOUSDT
Perp
0.8871
-15.25%
.. Has the party ended or is it just a "warrior's break"? ๐งจ
โGuys, the $1.27 candle was a model "liquidity trap"! The long upper wick we saw with a trading volume of $225 million indicates that the whales sold significant amounts above.
Currently, the price is at $0.84 and the indicators show "overbought" (RSI 78). Advice from an expert: don't chase long green candles. Wait for a "retest" of the $0.78 area; if we hold above it, we prepare for a second push, otherwise entering is risky.