$OGN SHORT AT RESISTANCE — LONGS IN DANGER 🔥
Entry: 0.02 🔥
Target: 0.0179 🚀
Stop Loss: 0.023 ⚠️
Price just tapped the EMA50 on the 4H chart, a level that has acted as firm resistance in this downtrend. The bounce is weak and volume is declining — a classic liquidity trap before further downside. StochRSI is flashing overbought on the hourly, suggesting the pullback is losing steam.
If sellers defend this zone, we could see a fast move toward the next low. The structure favors shorts as long as price stays below 0.02. Are you watching for a rejection here or waiting for a retest?
Not financial advice. Always manage your risk.
#OGN #ShortSetup #Resistance #Crypto #Trading
🔥
Entry: 0.02 🔥
Target: 0.0179 🚀
Stop Loss: 0.023 ⚠️
Price just tapped the EMA50 on the 4H chart, a level that has acted as firm resistance in this downtrend. The bounce is weak and volume is declining — a classic liquidity trap before further downside. StochRSI is flashing overbought on the hourly, suggesting the pullback is losing steam.
If sellers defend this zone, we could see a fast move toward the next low. The structure favors shorts as long as price stays below 0.02. Are you watching for a rejection here or waiting for a retest?
Not financial advice. Always manage your risk.
#OGN #ShortSetup #Resistance #Crypto #Trading
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