OGN is crumbling beneath a fresh liquidity sweep, ripping the 0.0830 level to expose a bearish order block. The market’s structure has flipped to a lower high, setting the stage for a short swing.
🔴 $OGN SHORT 📉 — Trade Plan
• Entry: $0.025924 – $0.025976
• Stop: $0.026729 (-3.0%)
• Target 1: $0.025561 (+1.5%)
• Target 2: $0.024653 (+5.0%)
• R/R 1:1.7 | Confidence 64%
A change of character on the 4‑hour chart broke the previous swing high, confirming a CHoCH, while CVD turned negative as sellers took control. The bearish order block at 0.0835 aligns with a fair‑value gap that the price is now filling, creating a POI where OB and FVG overlap. Liquidity was swept at the 0.0850 resistance, feeding the down move and reinforcing the short bias.
A 3.0% stop sits just above the recent swing high, making it relatively tight; a 5‑10× margin fits the risk profile.
Take half the position off at the first target around 0.0780 to lock in profit.
Not financial advice — trade only what you can afford to lose 🙏
$OGN #OGNUSDT #THORChain #TradingSignals #Write2Earn
🔴 $OGN SHORT 📉 — Trade Plan
• Entry: $0.025924 – $0.025976
• Stop: $0.026729 (-3.0%)
• Target 1: $0.025561 (+1.5%)
• Target 2: $0.024653 (+5.0%)
• R/R 1:1.7 | Confidence 64%
A change of character on the 4‑hour chart broke the previous swing high, confirming a CHoCH, while CVD turned negative as sellers took control. The bearish order block at 0.0835 aligns with a fair‑value gap that the price is now filling, creating a POI where OB and FVG overlap. Liquidity was swept at the 0.0850 resistance, feeding the down move and reinforcing the short bias.
A 3.0% stop sits just above the recent swing high, making it relatively tight; a 5‑10× margin fits the risk profile.
Take half the position off at the first target around 0.0780 to lock in profit.
Not financial advice — trade only what you can afford to lose 🙏
$OGN #OGNUSDT #THORChain #TradingSignals #Write2Earn