Price on $DEGO shows a sharp impulsive move into the $0.313 resistance followed by immediate rejection, indicating sellers are active at the top.

TRADE TYPE : SHORT

TP: $0.273 / $0.265 / $0.255
SL: $0.315

The move is overextended above short-term moving averages, creating a mean reversion setup as price is likely to pull back toward the MA cluster.

Volume spiked aggressively on the breakout, suggesting potential exhaustion rather than sustainable continuation, especially with the rejection candle forming at highs.

⚠️ NFA. DYOR.