$OG šŸ”»šŸ“‰ OG Bearish Market | Sellers Dominate as Momentum Weakens āš ļøšŸ’£

OG is under bearish pressure, with sellers pushing prices below key support zones šŸ»šŸ“Š. Market sentiment has shifted toward caution as buying strength fades, signaling potential continuation of the downtrend šŸšØšŸ“‰.

šŸ“Š Technical indicators confirm the bearish trend:

The RSI is sliding lower šŸŽÆšŸ“‰, reflecting weakening buying momentum. The MACD has triggered a bearish crossover šŸ”»šŸ», reinforcing the negative bias. Volume spikes on red candles šŸ”“šŸ”„ confirm strong sell pressure, while attempts to rebound are being rejected at resistance levels šŸš«šŸ“ˆ.

šŸ‹ On-chain metrics align with the bearish setup:

Whale distribution is active šŸ³šŸ“¦, with large holders moving tokens to exchanges šŸ¦šŸ“‰ — a typical bearish signal. Exchange balances are rising, wallet growth is slowing šŸ‘›šŸ§Š, and social sentiment around OG is cooling šŸ’¬šŸ˜¶ as traders adopt a risk-off approach.

šŸ’­ Market outlook:

If the current trend persists, OG may continue downward or enter extended consolidation āš ļøšŸ“‰. Only a strong volume-driven reversal and renewed buy interest could shift momentum back to bullish territory. Risk management is critical āš–ļøšŸ§ .

šŸ’” Patience pays off ā±ļøšŸ’° — wait for confirmation before entering in bearish conditions.

āš ļø Not financial advice — always DYOR šŸ§ šŸ“š