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Is this the start of a healthy pullback… or just a shakeout before another squeeze?
Everyone chased the pump… but $DEGO is now showing signs of exhaustion.
$DEGO — SHORT
Trade Plan:
Entry: 0.56 – 0.60
SL: 0.66
Targets:
TP1: 0.52
TP2: 0.47
TP3: 0.41
After the massive vertical rally from the 0.27 zone, DEGO printed a long upper wick near 0.67, showing strong rejection. The price is now forming lower highs on the lower timeframes, indicating momentum is fading.
When a coin pumps 100%+ in a short time, profit-taking usually triggers a pullback.
If 0.55 support breaks, sellers could quickly push price toward the 0.47 liquidity zone.
Click here to Trade 👇️ $DEGO