$DEGO EN Long Liquidation Alert!

A $7,692.1 liquidation occurred at $0.0161 for DEGEN longs,

showing strong selling pressure. Bulls failed to hold their ground, leading to this sharp drop.

What This Signals:

1. Bearish Momentum: Sellers are dominating the market, forcing liquidations.

2. Weak Support: Buyers couldn’t defend key levels, indicating potential further declines.

Key Levels to Watch:

Support: $0.0150 - A break below could accelerate the downtrend.

Resistance: $0.0170 - Bulls need to reclaim this for any recovery.

Next Steps:

1. Traders: Look for short opportunities if DEGEN stays below resistance.

2. Investors: Wait for the market to stabilize before considering long-term positions.

3. Risk Tip: Use strict stop-loss levels to manage risks in volatile conditions.

Stay alert—DEGEN might see more turbulence ahead!

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