đš $OGN SHORT: Heavy Selling Pressure as Volume Explodes â NEXT TARGET $0.03450
SHORT TRADE SETUP
Entry: $0.03650â$0.03720
TP1: $0.03580
TP2: $0.03500
Next Price: $0.03500
Extended Target: $0.03450
SL: $0.03820
$OGN is showing strong bearish pressure, with price down 6.77% and trading volume surging 874.4%. The token is also down 12.8% over the past 24 hours, while reported volume has reached $314.30M.
The $0.03650â$0.03720 zone is a potential short-entry area if price retests this range and sellers regain control. Continued weakness could push price toward $0.03580, followed by $0.03500 and an extended target near $0.03450.
The sharp increase in volume signals elevated market activity, but it doesn't guarantee further downside. A strong reclaim of resistance could trigger a bounce and invalidate the bearish outlook.
A move above $0.03820 invalidates this setup. Wait for confirmation before entering, and avoid chasing an extended move.
SHORT TRADE SETUP
Entry: $0.03650â$0.03720
TP1: $0.03580
TP2: $0.03500
Next Price: $0.03500
Extended Target: $0.03450
SL: $0.03820
$OGN is showing strong bearish pressure, with price down 6.77% and trading volume surging 874.4%. The token is also down 12.8% over the past 24 hours, while reported volume has reached $314.30M.
The $0.03650â$0.03720 zone is a potential short-entry area if price retests this range and sellers regain control. Continued weakness could push price toward $0.03580, followed by $0.03500 and an extended target near $0.03450.
The sharp increase in volume signals elevated market activity, but it doesn't guarantee further downside. A strong reclaim of resistance could trigger a bounce and invalidate the bearish outlook.
A move above $0.03820 invalidates this setup. Wait for confirmation before entering, and avoid chasing an extended move.