$OGN momentum fading
Short OGN
Entry: 0.0415 – 0.0445
SL: 0.050
TP1: 0.0390
TP2: 0.0370
TP3: 0.0340
TP4: 0.0310
Why:
OGN has rallied aggressively from around 0.02237 and is now struggling near the 0.04475 resistance. Price is hovering around MA7 while the momentum is starting to weaken. MACD has turned bearish, with DIF at 0.00288 below DEA at 0.00353 and the histogram printing negative bars. A break below the MA25 around 0.03811 could accelerate the pullback toward 0.0370 and lower. The key resistance/invalidation zone is 0.04475–0.04580.
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Short OGN
Entry: 0.0415 – 0.0445
SL: 0.050
TP1: 0.0390
TP2: 0.0370
TP3: 0.0340
TP4: 0.0310
Why:
OGN has rallied aggressively from around 0.02237 and is now struggling near the 0.04475 resistance. Price is hovering around MA7 while the momentum is starting to weaken. MACD has turned bearish, with DIF at 0.00288 below DEA at 0.00353 and the histogram printing negative bars. A break below the MA25 around 0.03811 could accelerate the pullback toward 0.0370 and lower. The key resistance/invalidation zone is 0.04475–0.04580.
📩DM ME ON X TO KNOW HOW TO JOIN MY PREMIUM FOR HIGHLY PROFITABLE TRADE SETUPS LIKE THIS
#Altcoin Season# #Macro Insights#