🔴
$OGN PLUMMETING – SHORT SETUP WITH 80% CONVICTION 📉
Entry: 0.01658 🔴
Target: 0.01635 🚀
Stop Loss: 0.01705 ⚠️
📉 RSI at 24.1 is deeply oversold, but that doesn't stop a trending market from staying oversold. EMAs are firmly stacked bearishly across timeframes, with the 20, 50, and 200 all converging overhead to reject any relief bounces.
💡 Momentum has decisively shifted lower – each rally gets sold harder, and volume confirms distribution. With a clean 1:3.6 risk-to-reward to the first target and two more extended zones below, this setup aligns with a clear structural downtrend. 💬 How low do you think liquidity gets drawn before a meaningful reaction? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️
#OGN #ShortSetup #Crypto #Bearish #Trading 🔴 📉