DEGO/USDT short and mid term setupDEGO/USDT pair has formed a double top on 1H timeframe.
The neckline is overlapping with the 0.618 retracement thus making it a key support
In short term, price is expected to move inside the triangle bouncing between 0.5 to 0.618 which gives a potential capture of 8-9%
Once ATR reaches low and bands contract even more lookout for a bearish pattern to enter a short position once 0.618 is breached.
You can even wait for price to re-test 0.618 before shorting
