sell

Dego Dumped Immediately — Expect Strong Selling Pressure

I think Dego is being dumped immediately — as soon as traders get in, selling pressure hits and price falls.

I wouldn’t chase this move; the behavior looks like quick distribution and weak support on entry.

Source available for registered users Sign Up Free

Analysis

The pattern suggests distribution by early holders or whales and/or low liquidity that allows instant dumps on buying activity. Short-term bounces are likely to be met by sellers, increasing downside ...

Recommendation

Avoid buying Dego now; consider selling existing positions or waiting for clear, sustained support and lower selling pressure before re-entering.

Disclaimer

The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

You might also be interested in: