Rollback begins: the price will drop to 4.700, maybe even lower 📉
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As I predicted in previous forecasts, the coin
$OG could not break the strong resistance at 5.120. Now we see a classic confirmation of a local reversal
✅ Break of MA(7): The price has gone below the level of 5.00, establishing itself below the yellow moving average line.
✅ Strength of sellers: Bearish engulfing on the 15-minute chart and huge "walls" in the order book at 5.1–5.2 are doing their job.
✅ Target: I expect a deep correction to the zone of 4.600–4.700. This is where I will look for a point for new purchases with a confirmation of reversal.
Now the main thing is patience and calmness. Don’t rush to catch the "falling knife"; it’s better to wait for a confident bottom.
What do you think? Will we go below 4.7 or bounce back earlier? Write in the comments
$OG #og