$OGN Completes Classic Double Top Pattern! 📉🐻
$OGN (Origin Protocol) on the 1-hour chart has officially confirmed a Double Top ("M" Pattern) formation after breaking down below its key neckline support at $0.04044!
Key Technical Summary:
• First Peak & Second Peak: Rejection near $0.0534
• Neckline Lost: $0.04044
• Current Price: $0.03808 (-22.44%)
• 24h Volume: $60.18M USDT
With the neckline broken and sellers taking over the order flow (54.45% Asks), the classical double-top measured target opens the door for further downside toward $0.028 – $0.030.
Are you shorting the breakdown or waiting for bottom confirmation? Drop your thoughts below! 👇
#OGN/USDT #OriginProtocol #BinanceSquare #DoubleTop #TechnicalAnalysis
$OGN
$OGN (Origin Protocol) on the 1-hour chart has officially confirmed a Double Top ("M" Pattern) formation after breaking down below its key neckline support at $0.04044!
Key Technical Summary:
• First Peak & Second Peak: Rejection near $0.0534
• Neckline Lost: $0.04044
• Current Price: $0.03808 (-22.44%)
• 24h Volume: $60.18M USDT
With the neckline broken and sellers taking over the order flow (54.45% Asks), the classical double-top measured target opens the door for further downside toward $0.028 – $0.030.
Are you shorting the breakdown or waiting for bottom confirmation? Drop your thoughts below! 👇
#OGN/USDT #OriginProtocol #BinanceSquare #DoubleTop #TechnicalAnalysis
$OGN