$OG /USDT – Breakdown Alert! Retest or Further Dip? 🚨
Current Price: $5.068 (-1.13%)
$OG is sliding fast after failing to hold above $5.30. With bears gaining control, key support levels are now being tested.
Key Levels:
Resistance: $5.30 – $5.40
Support: $5.00
Breakdown Trigger: $5.05
Trade Setup Options:
1. Short Breakdown Play:
Entry: $5.05 – $5.08
TP1: $4.95
TP2: $4.80
SL: $5.22
2. Bounce Play (Only if $5.00 holds):
Entry: $5.00 – $5.05
TP1: $5.20
TP2: $5.35
SL: $4.94
Market Insight:
OG has seen a steady decline from its $5.59 high. Now sitting just above key support at $5.00, a breakdown could trigger panic selling.
Pro Tip:
If volume spikes and $5.00 breaks, don’t try to catch the falling knife. Wait for confirmation or a lower support to engage.
Caution ahead – bears are in the driver’s seat!
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