๐ $OGN /USDT Analysis: Potential short squeeze on the horizon!
After a strong impulse, the $OGN price retraced to the support level around 0.0396 USDT. On-chain metrics and exchange data indicate position accumulation by buyers:
โข Funding: Negative (-0.033%) โ the market is heavily short-positioned.
โข Whales: 271.9% long/short ratio. Average whale entry price: 0.0374 USDT.
โข CVD: Spot CVD is steadily rising.
๐ข Trading Plan (LONG):
โข Entry: 0.0375 โ 0.0395 USDT
โข Targets (TP): 0.0445 / 0.0485 / 0.0530 USDT
โข Stop-loss (SL): 0.0358 USDT
โ ๏ธ Adhere to risk management (1-2% per trade).
After a strong impulse, the $OGN price retraced to the support level around 0.0396 USDT. On-chain metrics and exchange data indicate position accumulation by buyers:
โข Funding: Negative (-0.033%) โ the market is heavily short-positioned.
โข Whales: 271.9% long/short ratio. Average whale entry price: 0.0374 USDT.
โข CVD: Spot CVD is steadily rising.
๐ข Trading Plan (LONG):
โข Entry: 0.0375 โ 0.0395 USDT
โข Targets (TP): 0.0445 / 0.0485 / 0.0530 USDT
โข Stop-loss (SL): 0.0358 USDT
โ ๏ธ Adhere to risk management (1-2% per trade).