$OGN Bearish corrective setup
OGN is facing selling pressure, with $0.04000 as the key support level
Entry: $0.0420–$0.0430
Target 1: $0.0410
Target 2: $0.0400
Target 3: $0.0385
Stop loss: $0.0452
Analysis:
OGN is cooling off after a sharp 83% rally, as profit-taking drove the price down from its high of $0.05364. Despite strong weekly and monthly gains, short-term selling pressure remains elevated, with the price consolidating near $0.0420.
OGN is facing selling pressure, with $0.04000 as the key support level
Entry: $0.0420–$0.0430
Target 1: $0.0410
Target 2: $0.0400
Target 3: $0.0385
Stop loss: $0.0452
Analysis:
OGN is cooling off after a sharp 83% rally, as profit-taking drove the price down from its high of $0.05364. Despite strong weekly and monthly gains, short-term selling pressure remains elevated, with the price consolidating near $0.0420.