$OG / USDT Short Trade Alert: Rejection at $5.38 Resistance ā Weakness Incoming! š§Æā ļø
$OG / USDT is exhibiting rejection signals at the $5.38 resistance level after multiple failed attempts to break higher. Price is consolidating just under $5.30 with long upper wicks showing seller dominance on the 4H chart.
š Trade Setup
Entry: $5.29
Take Profit: $5.10
Stop Loss: $5.40
š Technical Outlook
Clear resistance at $5.38
Series of lower highs within the range
Weak bullish follow-through with frequent rejections
A clean breakdown below $5.25 could gain bearish momentum targeting $5.10. Watch for a possible acceleration if $5.20 breaks cleanly on volume.
šØ Break above $5.40 invalidates the short thesis.
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