DEGO - High Risk High Reward🎯📢🧐

Price Position:
The current price (0.635) is in the Premium zone (the expensive price area – the red zone on the chart). This is typically an area for taking profit or looking for short opportunities for a pullback, rather than a good zone for chasing longs.
Price is also approaching a strong Supply Zone around 0.650 – 0.680.
Indicators:
RSI: There is a very clear Bearish Divergence on both the 15m and 1h timeframes (price is making higher highs while RSI is making lower highs or moving sideways). This indicates that bullish momentum is weakening and a price correction is highly likely.
This is an unsustainable pattern and often leads to a price collapse.
TP: 0.26
SL: 0.688
RR: 10.89$DEGO ‌