Dego Finance priceDEGO

$DEGO 15m Update 📉 Price facing rejection near $1.02 resistance. Expecting some Downside move toward $0.92 – $0.85. 📉

$DEGO – Add to the Short Position Earlier this morning, a sudden price spike triggered the liquidation of more than $3 million in short positions. However, this amount is relatively small compared to previous spikes in similar coins, where liquidations often exceeded $10 million. Over the past few days, the market maker has likely built up a large number of short positions while funding rates stayed negative, pushing the cost of holding shorts to extreme levels. The recent price spike was mainly driven by liquidations forcing short sellers out of their positions. Since this move lacked strong buying momentum, the price could quickly fall again once the liquidation pressure fades. Because of this, adding to short positions on Dego Finance (DEGO) is being suggested.👉$DEGO

$DEGO - Mcap 18.93M$ - 81% / 5.8K votes Bullish SC02 M1 - pending Long order. Entry lies within LVN and is not affected by any weak zone, with the current support zone width of approximately 18.05%. The uptrend has been in progress for 3 hours and 55 minutes, with the maximum recorded price increase reaching 117.19%. #TradingSetup #CryptoInsights

$DEGO is struggling to push back toward the 0.78 high Short $DEGO Entry: 0.675 – 0.715 SL: 0.765 TP1: 0.650 TP2: 0.625 TP3: 0.575 TP4: 0.525 Why: After the strong rally that pushed price to 0.785, the chart started printing rejection wicks and lower highs. That usually means buyers who rode the pump are slowly taking profits. The recent bounce also failed to reclaim the previous high area, which weakens the bullish structure on the short timeframe. Price is now hovering around the short moving averages without strong momentum. Volume has also cooled compared to the breakout phase, suggesting the aggressive buying pressure is fading. If price loses the 0.66 support area, a deeper pullback toward the 0.62–0.58 zone becomes likely as the market resets after the pump. Trade $DEGO here 👇