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