Technical analysis by Mrctradinglab about Symbol DEGEN: Sell recommendation (12/12/2025)

DEGEN has recently broken its ascending trendline on the 1H timeframe, signaling a potential shift in short term market structure. Price is currently trading inside a higher timeframe bearish order block on the 4H chart. This area has previously acted as a strong reaction zone and remains an important level to monitor. After the trendline break, price is consolidating and I am now waiting for a retest of the broken structure to assess the next move. Key observations: Higher timeframe bias remains bearish Trendline on the 1H has been broken Lower timeframe price action suggests consolidation after the break A 4H fair value gap remains below as a potential draw on liquidity At this stage, no trade has been taken. I am waiting for the retest to enter this trade. No hit, no trade! MrCClosing this limit order. Didnt hit my order