๐จ $DEGO โ Momentum Fading After the Pump
$DEGO just delivered a massive +60% move, but price is now starting to slow down and show exhaustion near the highs.
After such aggressive pumps, the market often pulls back to rebalance liquidity and trap late buyers.
Right now the structure suggests momentum is weakening, which could open the door for a short-term correction.
๐ด Trade Idea: SHORT
Entry Zone: 1.02 โ 1.08
Stop Loss: 1.16
Targets:
๐ฏ 0.95
๐ฏ 0.88
๐ฏ 0.80 - 0.65
If sellers take control, $DEGO could retrace toward lower support zones before the next major move.
โ ๏ธ Pumps donโt last forever โ watch for exhaustion and manage risk.