๐Ÿš€ OGN/USDT after rising +14% in 24 hours... will it keep going or correct? ๐Ÿ‘€
๐Ÿ”ฅ The coin hit a high of 0.04347 and then dropped sharply. The price is now at a very sensitive level ๐Ÿ‘‡
๐Ÿ“Š Key figures
โ€ข Current price: 0.03622
โ€ข 24-hour high: 0.04347
โ€ข 24-hour low: 0.03158
โ€ข Trading volume: 246M USDT ๐Ÿ’ฐ
๐Ÿ” 15-minute chart analysis
โ€ข The price dropped close to the lower Bollinger Band (0.03546) ๐Ÿ“‰
โ€ข RSI is at 25, indicating oversold conditions and a possible bounce soon โœ…
โ€ข MACD is still negative, meaning selling pressure is still present โš ๏ธ
โ€ข The latest candleโ€™s lower wick suggests buyers are stepping in at support ๐Ÿง
๐ŸŽฏ Trade plan (an idea, not a guaranteed recommendation)
โ€ข ๐ŸŸข Entry: 0.03550 - 0.03620 (near the lower band)
โ€ข ๐Ÿ”ด Stop loss: below 0.03480
โ€ข ๐ŸŽฏ First target: 0.03893 (Bollinger midline)
โ€ข ๐ŸŽฏ Second target: 0.04147
โšก My advice: If the price breaks below 0.03480, the scenario is invalidated. In that case, itโ€™s better to wait and not try to recover your losses. Sticking to your stop loss is what protects you ๐Ÿ›ก๏ธ
๐Ÿ’ฌ What do you think? Will it bounce from support or keep dropping?
๐Ÿ‘‡ Share your predictions in the comments, and follow me so you can catch the latest opportunities as they come ๐Ÿ””
#OGN #Binance #CryptoTrading #TechnicalAnalysis #Crypto
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