Bearish — Over the past 24 hours, $OG slipped approximately 7.5%, breaking below the 61.8% Fibonacci retracement at $15.32. Immediate support now lies in the $14.70–$14.80 range, with resistance in the $15.60–$15.80 zone.

Fibonacci Levels:

Retracement status: The 61.8% Fib level at $15.32 has been broken, indicating a shift to bearish momentum.

Price zones:

Support: ~$14.70–$14.80 (daily 61.8% retracement)

Resistance: ~$15.60–$15.80 (recent failed retests and pivot rejection)

RSI:

The RSI has entered oversold territory, confirming bearish momentum and signaling potential for a short-term bounce.

Entry Zones:

Safer: Around $14.70–$14.80, where the price may stabilize near the daily 61.8% Fib support.

Aggressive: Near $14.60–$14.65, approaching the lower Bollinger Band/low range support.

Take-Profit Zones:

TP1: $15.30–$15.32, targeting the broken Fib level if resistance turns into support.

TP2: $15.60–$15.80, aligned with recent daily resistance clusters.

Stop-Loss Ideas:

Conservative SL: Below $14.60, uncomfortably undercutting daily support.

Tight SL: Just below $14.70, minimizing risk while staying above the established Fib zone.