$OG /USDT Short Setup — Fan Token Spike Losing Steam!
#OG Fan Token just ripped up +20.16% to $5.53, tagging major resistance near $6.66. With signs of exhaustion and heavy sell pressure creeping in, this could be setting up for a solid short trade.
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Current Trading Data:
Current Price: $5.53
24h High / Low: $6.666 / $4.500
24h Volume (OG): 4.31M
24h Volume (USDT): $24.21M
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Short Trade Setup:
Entry Zone: $5.80 – $6.40 (wait for rejection below $6.66)
TP1: $5.10
TP2: $4.68
TP3: $4.30
Stop Loss: $6.78
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Market Insight:
The sharp pump to $6.66 met strong resistance and failed to hold. $OG is known for quick retracements after fan-driven rallies. If price fails to reclaim $6.40+, downside pressure could escalate fast.
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Pro Tip:
Watch for a bearish reversal candle on the 15m or 1h chart around $6.00+. Volume dropping while price rises = weakness. Enter short only with confirmation and keep stop tight above local highs.
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Are the fans done pumping or is this just halftime?
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