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$DEGO /USDT: BEARISH REVERSAL SIGNAL ON 1H CHART
The 1-hour chart shows a sharp rejection from the recent high, followed by a strong red candle and declining volume. This pattern suggests a potential short-term bearish reversal after an overextended rally in the DeFi Gainer category.
Trade Setup: Short Entry
- Entry Zone: On breakdown below minor support
- TP1: 1.470
- TP2: 1.390
- TP3: 1.320
- SL: 1.610 (above recent peak)
#BearishSetup #DeFiReversal #CryptoShorts #TrendShift #CandlestickSignal
$DEGO
The 1-hour chart shows a sharp rejection from the recent high, followed by a strong red candle and declining volume. This pattern suggests a potential short-term bearish reversal after an overextended rally in the DeFi Gainer category.
Trade Setup: Short Entry
- Entry Zone: On breakdown below minor support
- TP1: 1.470
- TP2: 1.390
- TP3: 1.320
- SL: 1.610 (above recent peak)
#BearishSetup #DeFiReversal #CryptoShorts #TrendShift #CandlestickSignal
$DEGO
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