$OG/USDT – Bearish Rejection in Play: Short Setup Triggered!
Current Price: $4.372 (−0.18%)
Market Snapshot:
Strong rejection off the $4.52 resistance zone
Bearish candles printing—momentum shifting downward
Weak bounce attempts signal potential for further decline
Short Trade Plan:
Entry Zone: $4.37 – $4.40 (preferably on a weak retest or lower high setup)
Stop-Loss: $4.53 (just above recent rejection wick)
Profit Targets:
TP1: $4.30 – local support
TP2: $4.20 – structure breakdown zone
TP3: $4.12 – key support base
Market Insight:
Sellers are stepping in aggressively at the highs. If $OG fails to reclaim and hold above $4.40, expect continued downward pressure.
Pro Tip:
Wait for confirmation—such as a lower high or weak retest at $4.40—to strengthen entry conviction. Patience here can mean precision.