🔥 $DEGO /USDT — SUPPORT TEST UNDER HEAVY PRESSURE ⚠️📉
$DEGO is showing clear weakness right now and the chart is flashing caution signals 🚨
Price has dropped to 0.493, down -6.8% today, wiping out the recent bounce attempt.
📊 Daily chart breakdown (1D)
🧠 Strong rejection from 0.54–0.56 supply zone
🧠 Sharp sell-off candle = sellers in control
🧠 Previous higher-high structure has failed
🧠 Momentum shifting back to bearish after short relief rally
🔍 Key levels to watch
🔻 Immediate support: 0.48–0.47
🔻 Major support zone: 0.45–0.42 (last strong demand & swing low)
🔺 Resistance on any bounce: 0.52, then 0.55–0.56
📉 Bigger picture damage
• 90 Days: -46%
• 180 Days: -57%
• 1 Year: -81% 😬
This move looks like distribution after a dead-cat bounce 🧠
Unless $DEGO quickly reclaims 0.52+ with volume, downside liquidity is still open.
⚖️ Market verdict
❌ Not a confirmed bottom
⚠️ High volatility zone
✅ Only safe play = wait for support confirmation or clear reversal signal
Patience > FOMO
Let the chart do the talking 📊🧠
